What is the purpose of the principle of consist... - SS1 Accounting Principles And Rules of Double Entry Question
What is the purpose of the principle of consistency in double-entry bookkeeping?
A
To ensure the accounting records are accurate and up-to-date
B
To ensure the same accounting methods and procedures are used consistently over time
C
To record the lower value or amount when there are uncertainties or doubts
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Correct Option: B
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