Post a New Question

Accounting

posted by .

Scott Brothers, Inc. follows the qualitative characteristic of consistency. This means that
Answer

a. Scott applies the same accounting principles as its competitors.
b. Scott has elected certain accounting principles that can never be changed.
c. Scott applies the same accounting principles each period.
d. For expenses, Scott uses the same account names as used by its competitors.

  • Accounting -

    c. Scott applies the same accounting principles each period.

Answer This Question

First Name
School Subject
Your Answer

Related Questions

More Related Questions

Post a New Question