-Added by anjali thakurAccountancy » Consistency Assumption
Answer by: anjali thakur
According to the Consistency Assumption accounting practice once selected and adopted should be applied consistency year after year . The concept helps in better understanding of accounting information and makes it comparable with that of previous years .
-Answered by anjali thakur On 21 August 2019:08:01:18 PM(3822Average Rating Based on rating)
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