Question: When preparing financial statements, comparability is important. Which of the following statements reflects comparability? O The same accounting principles are used from year to year.

When preparing financial statements, comparability is important. Which of the following statements reflects comparability? O The same accounting principles are used from year to year. Companies with similar circumstances use the same accounting principles. O Information makes a difference in a decision. O Information is free from bias that is intended to attain a predetermined result

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