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3. Consistency is present when: * (1 Point) Information is verifiable The whole industry applies the same accounting treatment to similar events A company applies
3. Consistency is present when: * (1 Point) Information is verifiable The whole industry applies the same accounting treatment to similar events A company applies the same accounting treatment to similar events, from period to another The numbers and descriptions match what really existed or happened 4. Which of the following indicates that a company keeps its activity separate and distinct from its owners and any other business units: (1 Point) Accrual basis Economic entity Neutrality Going concern
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