As a result of accounting prescription being developed in a haphazard way there are follow-on inconsistencies in practice.

Name: As a result of accounting prescription being developed in a haphazard way there are follow-on inconsistencies in practice.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accounting prescription has been developed over time through various regulations, standards, and practices. This has resulted in inconsistencies in how accounting is practiced and reported, leading to confusion and inefficiencies in financial reporting.

As a Result of Accounting Prescription Being Developed in a Haphazard