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What is mean by the comparability convention?

The convention of comparability


What is the concept of comparability?

The concept of comparability is used in accounting whereby a business is comparable to different periods and with other companies. This is used as a measure of the business's performance.


Who is the chairman of the 1934 Constitutional Convention?

George Washington was anonymously elected as chairman for the convention.


What is the principle of comparability?

It is to compare the two different inputs


Why are accounting standards important for the preparation of financial statements?

For comparability.


What process did the constitutional convention set forth for states to the constitution?

The convention made it so that each state would hold a convention to ratify the Constitution. This meant a series of compromises and ratifications which were heavily influenced by Benjamin Franklin.


What process did the constitutional convention set forth for states to ratifi the constitution?

The convention made it so that each state would hold a convention to ratify the Constitution. This meant a series of compromises and ratifications which were heavily influenced by Benjamin Franklin.


What process did the Constitution convention set forth for the states to ratify the Constitution?

The convention made it so that each state would hold a convention to ratify the Constitution. This meant a series of compromises and ratifications which were heavily influenced by Benjamin Franklin.


What process did the constitutional convention set forth for states to ratify the constitution.?

The convention made it so that each state would hold a convention to ratify the Constitution. This meant a series of compromises and ratifications which were heavily influenced by Benjamin Franklin.


What is convention of constistency?

The convention of consistency refers to the principle that similar transactions should be accounted for in the same way throughout the financial reporting process. This ensures comparability across financial statements over time, allowing stakeholders to make informed decisions based on reliable data. Consistency aids in maintaining transparency and trust in financial reporting, as it reduces the potential for manipulation or misinterpretation of financial results.


Dungeon Keeper 2 comparability with Vista SP1 and a widescreen monitor?

Yes


Qualitative characteristics associated with reliable accounting information are?

Relevance, comparability and understandability.