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A. Disclosure Principle B. Materiality Concept C. Consistency Principle D. Conservatism Ward Hardware used the FIFO inventory costing method in 2024. Ward plans to continue
A. Disclosure Principle B. Materiality Concept C. Consistency Principle D. Conservatism
Ward Hardware used the FIFO inventory costing method in 2024. Ward plans to continue using the FIFO method in future years. Which accounting principle is most relevant to Ward's decision? Disclosure Principle Materiality Concept Consistency Principle Conservatism
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