Question 5

Which of the following statements 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
Objective

Question details

Exam body
OAU
Subject
Financial Accounting
Year
2015/2016
Question no.
#5
Type
Objective

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