The statement relating to comparability that is true is:

Question

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Comparability refers to the ability to compare financial information across different time periods and different companies. The use of consistent accounting methods from year to year enhances comparability, but this does not mean that a company can never change its accounting methods. In fact, companies are required to change their accounting methods if a new method is deemed more appropriate. The choice of accounting method should reflect the circumstances of the company and the nature of its operations, and not necessarily be the same as other companies in the same industry. Furthermore, different classes of non-current assets may require different depreciation methods.

The Statement Relating to Comparability That Is True Is