458,486 views
23 votes
23 votes
What is thr distribution between comparability and consistent


User Vladinkoc
by
3.0k points

1 Answer

20 votes
20 votes

Comparability refers to the process of comparing two or more companies based on their status. Consistency means the equality in procedure and policies of a company, which enables the user to compare the financial statements of a particular accounting period.

I hope this helps!

User Abr
by
2.6k points