Words / C / Business

consistency

noun/kənˈsɪstənsi/

A2CEFR level
10/100Rarity: common
TechnicalRegister

The application of the same accounting policies from one period to the next.

The consistency principle stopped management from flattering results by switching inventory methods each year.

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting