Which accounting principle requires that a company use the same accounting methods period after period? a. Revenue

Question:

Which accounting principle requires that a company use the same accounting methods period after period?

a. Revenue recognition principle

b. Lower of cost and net realizable value principle

c. Business entity principle

d. Consistency principle

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

Question Posted: