The accounting principle that requires a company to use the same accounting methods (such as...

80.2K

Verified Solution

Question

Accounting

The accounting principle that requires a company to use the same accounting methods (such as inventory cost flow methods) over a period of time is the

historical cost principle.

the conservatism principle.

the consistency principle.

the full disclosure principle.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students