WAEC Accounting 2018 Objective — Question 19
Question 19 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
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The consistency concept aims at
- A. ensuring that all expenses are matched against revenue
- B. reducing cost
- C. comparability of accounting recordsCorrect
- D. suppressing profits to be declared
Explanation
The consistency concept requires that accounting methods remain consistent over time, making accounting records comparable.
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