The quality resulting from unchanging accounting methods tha

The quality resulting from unchanging accounting methods that allow information from the same firm to be compared over time is Select one: O a. Consistency b. Comparability o c. Conservatism o d. None of the above

Solution

Answer: Comparability

Explanation: The application of unchanging accounting methods and policies over a period of time makes the financial information comparable over the different time periods. Comparability is thus the resulting quality of consistently following the same accounting methods.