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Question 1. Asked on :21 August 2019:07:59:18 PM

 What do you mean by consistency assumptions ?

-Added by anjali thakur Accountancy » Consistency Assumption

Answer by: anjali thakur

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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