Which concept states that any policies adopted for accounting should not change frequently unless it is the demand of the changing circumstances   Oa. Cost Concept   O b. Money Measurement Concept   Oc. Consistency Concept   O d. Going Concern Concept

Principles of Accounting Volume 1
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Chapter3: Analyzing And Recording Transactions
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Problem 1MC: That a business may only report activities on financial statements that are specifically related to...
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Which concept states that any policies adopted for accounting should not change frequently unless it is the demand of the changing circumstances

 

Oa. Cost Concept

 

O b. Money Measurement Concept

 

Oc. Consistency Concept

 

O d. Going Concern Concept

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