In any given industry,companies are entirely consistent in the account titles they use on financial statements.

Name: In any given industry,companies are entirely consistent in the account titles they use on financial statements.
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Question

Quizplus · Accepted Answer

While there are standardized accounting principles that companies follow, there is still some variation in the account titles used on financial statements between different companies and even within the same industry.

In Any Given Industry,companies Are Entirely Consistent in the Account