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The consistency principle a . a company to use the same accounting methods period after period a . Requires a company to use one cost
The consistency principle
a a company to use the same accounting methods period after period
a Requires a company to use one cost flow assumption exclusively
a Allows a company to change its cost flow assumption period after period in order to maximize net income
a Allows a company to change its cost flow assumption period aftedimeriod in order to minimize income taxes
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
11th Edition
013099619X, 978-0130996190
