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Which statement addresses the consistency characteristic of accounting information? Question content area bottom Part 1 A. Businesses should generally use the same accounting methods and
Which statement addresses the consistency characteristic of accounting information? Question content area bottom Part 1 A. Businesses should generally use the same accounting methods and procedures from one period to the next. B. Companies in the same industry must use the same inventory costing method to facilitate comparison of results. C. Once a company selects an inventory costing method, it must always use that method. D. Financial reporting practices in one country should be consistent with those in other countries
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