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Good afternoon Sir
Could you, please, explain what is the difference between fair presentation concept and consistency concept?
Thank you!
Have you watched my free lectures?
Fair presentation is presenting information in a manner that provides relevant, reliable, comparable and understandable information and does not mislead the users.
Consistency is treating similar items in the same way, and using similar methods each year. A good example is deprecation – all cars should be depreciated using the same method, and the same method should be used each year.
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