Question: Alpha Co . reports inventory on its balance sheet using the same generally accepted accounting methods as those applied last year. These facts relate most

Alpha Co

.

reports inventory on its balance sheet using the same generally accepted accounting methods as those applied last year. These facts relate most closely to which of the following qualitative characteristics of financial reporting?

Multiple Choice

Understandability

Verifiability

Comparability

Consistency

Alpha Co . reports inventory on its balance sheet

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