Answer:
These are the answer choices for the question:
a. Consistency
b. Verifiability
c. Timeliness
d. Comparability
And this is the correct answer choice:
a. Consistency
Explanation:
Consistency is the qualitative characteristic of accounting information that allows an investor, a stockholder, or a government official, to look at accounting data and establish that the quantities presented are all obtained in a consisten manner depending on the type of account.
This means that if cash is resported in dollars, all cash and cash equivalents are reported in dollars, and that if inventory is reported under a specific system, if that system is changed at any point in the future, stakeholders are informed.
