Preparing balance sheets, income statements, and other statements and reports is an example of __________.

Consistency means that a company uses the same accounting principles and methods as the other companies in the same industry.

a. true b. false

In 2014, online bill payment accounted for ________ of all bill payments, while paper checks accounted for ________

A) less than 10%; less than 25% B) about 25%; about 10% C) more than 50%; less than 25% D) 100%; 0%