$**$Objective Question:$**$

In accounting, why is consistency in policies and practices important, and how does it impact the comparability of financial information over time?

$**$Choices:$**$

A$)$ By ensuring that financial statements are prepared using the same methods and procedures consistently.

B$)$ By allowing companies to change accounting methods frequently to adapt to changing market conditions.

C$)$ By prioritizing flexibility in financial reporting to accommodate different stakeholder preferences.

D$)$ By disregarding the need for uniformity in financial reporting standards.