An example of an inconsistency in accounting practice is for a company to depreciate some of its assets using the straight-line method and some using the reducing-balance method.

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Quizplus · Accepted Answer

Using different depreciation methods for different types of assets is not considered an inconsistency in accounting practice; it's a common practice to match the depreciation method with the nature and use of the asset to more accurately reflect its consumption of economic benefits over time.

An Example of an Inconsistency in Accounting Practice Is for a Company