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Q: What are the disadvantages of consistency concept?
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Hoe does the concept of consistency aid in the analysis of financial statement?

How does the concept of consistency aid in the analysis of financial statements? What type of accounting disclosure is required if this concept is not applied?


The concept of personality most clearly embodies the notion of?

behavioral consistency


The application of the concept of consistency is essential if users are to rely on financial statements?

yes


How does concept of consistency aid in the analysis of financial statement?

In accountancy, the concept of consistency refers to using the same accounting methods each year. This ensures that the financial statements for each year can easily be compared with each other.


How does the concept of consistency aid in the analysis of financial statement?

In accountancy, the concept of consistency refers to using the same accounting methods each year. This ensures that the financial statements for each year can easily be compared with each other.


What are thetwo disadvantages of this concept in determining consumer behaviorand how are these disadvantages overcome?

What are some disadvantages or advantages in chemical energy?


Consistency between one's self-concept and one's experience is called?

Congruence.


What type of accounting disclosure is required if consistency concept is not applied?

In accounting the consistency concept means that when a method of accounting is adopted it must be used consistently in the future. If the policy for accounting is changed in any way the nature of the change, the effects the change has on items in the financial statement and the reason for making the change must be fully disclosed by the business. If the consistency concept is not applied then disclosure of changes are made at the discretion of the business.


What type of accounting disclosure is required if the concept of consistency is not applied in the analysis of financial statement?

check your answer


What are thetwo disadvantages of the concept of diminishing marginal utility in determining consumer behaviorand how are these disadvantages overcome?

The answer is, Penis.


Advantages and disadvantages of marketing concept?

Disadvantages is that you earn a dollar every month. xD~ </3 :] Disadvantages is that you earn a dollar every month. xD~ </3 :]


What type of accounting disclosure is required if consistency is not apply?

In accounting the consistency concept means that when a method of accounting is adopted it must be used consistently in the future. If the policy for accounting is changed in any way the nature of the change, the effects the change has on items in the financial statement and the reason for making the change must be fully disclosed by the business. If the consistency concept is not applied then disclosure of changes are made at the discretion of the business.