Question: Ward Hardware used the FIFO inventory costing method in 2 0 2 4 . Ward plans to continue using the FIFO method in future years.

Ward Hardware used the FIFO inventory costing method in 2024. Ward plans to continue using the FIFO method in future years. Which accounting principle is most relevant to Ward's decision?
Question content area bottom
Part 1
A.
Disclosure Principle
B.
Materiality Concept
C.
Consistency Principle
D.
Conservatism

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