Answer
Consistency
Work Step by Step
The consistency concept holds that once an entity adopts an accounting principle, it will continue using the principle in future reports and statements.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 72: E2-4c
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