Which the following concepts best describes the consistency concept?
FINANCIAL
POST UTME OAU
Which the following concepts best describes the consistency concept?
- A) Only material items are disclosed
- B) The way an item is presented always remains the same
- C) Presentation and classification of items should remain the same unless a change is required by an IFRS
- D)A, B and C
Correct Answer: B) The way an item is presented always remains the same
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