The Consistency Concept

The consistency concept:

A) Prescribes that a company use the same accounting method period after period except when a change of method will improve financial reporting.
B) Requires a company to use a single method of inventory valuation for all categories of inventory.
C) Requires that all companies in the same industry use the same method of inventory valuation.
D) Is also called the full disclosure concept.
E) Is also called the matching concept.