Consistency with reference to application of accounting procedures means

Asked by admin @ in Accountancy viewed by 438 People

Consistency with reference to application of accounting procedures means: a) All companies in the same Industry should use identical accounting procedures b) Income & assets have not been overstated c) Accounting methods & procedures shall be followed uniform basis year after year d) Any accounting method can be followed as per convenience

Answered by admin @


consistency mean we should not change our accounting practice year after year so ans is (c)


Similar Questions

Share application account is in the nature of

Asked by admin @ in Math viewed by 344 persons

Share application account is in the nature of​

Application for change mobile number in bank account

Asked by admin @ in English viewed by 356 persons

Write an application to change phone number in bank account

Draft an application for the post of an accountant

Asked by admin @ in English viewed by 401 persons

Draft an application for the post of an accountant in pioneers pvt. Ltd. Co. Hyderabad in response to their advertisement that appeared in the Times of India dated 1st August …

Bank account me mobile number register application in english

Asked by admin @ in Math viewed by 358 persons

How to write application to bank manager to register mobile number?

Bank account band karne ke liye application in english

Asked by admin @ in English viewed by 355 persons

Bank account band karne ke liye application in english​

Application for converting zero balance account to general account

Asked by admin @ in English viewed by 287 persons

Please guys write a application to branch manager for conversion of minimum balance to zero balance.​

Application of mean median and mode in real life situations

Asked by admin @ in Mathematics viewed by 299 persons

Real life examples of mean median and mode​

Bookkeeping mainly consists of which part of accounting process

Asked by admin @ in Accountancy viewed by 454 persons

Bookkeeping mainly concerns with which part of accounting process

What do you mean by income and expenditure account

Asked by admin @ in Accountancy viewed by 456 persons

What do you mean by income and expenditure account​

In accounting an economic event is referred to as

Asked by admin @ in Accountancy viewed by 418 persons

What is economic events in accounting? ​

What does it mean to freeze assets and bank accounts

Asked by admin @ in Social Studies viewed by 306 persons

What is an asset? what does it mean to freeze assets and bank accounts.

Internal control does not consist of policies and procedures that

Asked by admin @ in Social Studies viewed by 278 persons

Internal control does not consist of policies and procedures that

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1263 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 728 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1121 persons

Most viewed questions in Accountancy

Saregama ltd invited applications for issuing 80000 equity shares

Asked by admin @ in Accountancy viewed by 4404 persons

Leena madan and naresh were partners in a firm

Asked by admin @ in Accountancy viewed by 4283 persons

Business started with cash 8000 and plant & machinery 3000

Asked by admin @ in Accountancy viewed by 3967 persons

Difference between fixed installment method and diminishing balance method

Asked by admin @ in Accountancy viewed by 3487 persons

Which of the following will result in shareholders wealth maximization

Asked by admin @ in Accountancy viewed by 3262 persons

Loan taken from dena bank should be credited to

Asked by admin @ in Accountancy viewed by 3221 persons

Cash received from mohan journal entry

Asked by admin @ in Accountancy viewed by 3178 persons

To show the cheque number while reconciling bank accounts press

Asked by admin @ in Accountancy viewed by 3106 persons

The current investment are valued on closing date at

Asked by admin @ in Accountancy viewed by 3063 persons

Enter the following transaction in the journal of mudit

Asked by admin @ in Accountancy viewed by 3051 persons

The partners of a firm alia bhanu and chand

Asked by admin @ in Accountancy viewed by 3038 persons

The major decision areas in supply chain management are

Asked by admin @ in Accountancy viewed by 3035 persons

Alfa ltd invited applications for issuing 75000 equity shares

Asked by admin @ in Accountancy viewed by 3021 persons

A company whose accounting year is the calendar year

Asked by admin @ in Accountancy viewed by 2970 persons

Bookkeeping mainly concerns with which part of accounting process

Asked by admin @ in Accountancy viewed by 2962 persons