Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the accounting principle that requires a company t

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

90.2K

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

Biology
1.2K views

Explain pharmacokinetic interactionsunder ADME. Give an example to each one and mention the outcome of these...

Physics
1.2K views

questions 1) : How to control the polarization of light and intensity and phase of light...

Advance Math
1.2K views

Use Laplace transforms to solve the initial value problem x??+4x?+3x=t,x(0)=0,x?(0)=3, where primes indicate derivatives with respect to...

Geometry
1.2K views

Circle P has its center at 3 1 and a radius of 4 Circle Q...

Basic Math
1.2K views

Evaluate the following expressions a l 101 x 1 21 b l 121 1 21

Accounting
1.2K views

Question 66 of 76 One By changed her investerary or poster se property Ametime in...

Accounting
1.2K views

Suresh Company reports the following segment (department) income results for the year. Department M Department...

Accounting
1.2K views

to pass new rules and regulations most federal agencies use the process of hybrid rulemaking...

Accounting
1.2K views

Q7 Q9 Suppose all possible investment opportunities in the world...

Accounting
1.2K views

The Manchester Corporation manufactures wooden pictures frames. In order to better manage costs, the Manchester...

Accounting
1.2K views

The principle of price and quantity variances allows managers to focus on corrections between standard...

Accounting
1.2K views

I'm having trouble how to do these adjusting entries. 1) The 50,000 note payable was...