ACCOUTING PRIN SET LL INCLUSIVE
ACCOUTING PRIN SET LL INCLUSIVE
14th Edition
ISBN: 9781119815327
Author: Weygandt
Publisher: WILEY
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Chapter 3, Problem 25Q
To determine

Comparability and consistency: Comparability and consistency both terms are interlinked because for comparison of the financial statements of different years, the methods used over those years should be same means there must be consistency in the adopted methods while preparation of financial statements.

To determine: Distinction between comparability and consistency.

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