Search results
- Dictionarycomparability/ˌkɒmp(ə)rəˈbɪlɪti/
noun
- 1. the fact or quality of being similar and able to be compared: "there are differences in hospital recording practices that will affect the comparability of results"
Powered by Oxford Dictionaries
: the quality or state of being comparable. Synonyms. alikeness. community. correspondence. likeness. parallelism. resemblance. similarity. similitude. See all Synonyms & Antonyms in Thesaurus. Examples of comparability in a Sentence.
Comparability is the accounting principle that addresses the quality of accounting information and the usability of financial information. Information that is prepared using the same measurement techniques and reported in a similar fashion is considered comparable information.
COMPARABILITY definition: 1. the fact of two or more things, quantities, results, etc. being able to be compared : 2. the…. Learn more.
Comparability Concept ensures that the financial statements of one accounting period are comparable to another so that users can derive meaningful conclusions about the trends in financial performance and position of an entity over time..
When classifying mathematical objects (e.g., topological spaces), two criteria are said to be comparable when the objects that obey one criterion constitute a subset of the objects that obey the other, which is to say when they are comparable under the partial order ⊂.
Comparability is an accounting principle and a fundamental concept in financial reporting that enables users of financial statements, such as investors, creditors, and analysts, to analyze, compare, and evaluate the financial performance and position of different companies.
1. Admitting of comparison with another or others: "The satellite revolution is comparable to Gutenberg's invention of movable type" (Irvin Molotsky). 2. Similar or equivalent: pianists of comparable ability. com′pa·ra·bil′i·ty, com′pa·ra·ble·ness n. com′pa·ra·bly adv.
Jul 3, 2024 · The accounting principle that financial information for a company should be comparable with financial information for other similar companies. Comparability is one of the most important characteristics of useful financial information.
comparability (to/with somebody/something) the fact of being similar to somebody/something else and able to be compared. Each group will have the same set of questions, in order to ensure comparability.
6 days ago · noun. qualities that are comparable. synonyms: compare, comparison, equivalence. see more. Cite this entry. Style: MLA. "Comparability." Vocabulary.com Dictionary, Vocabulary.com, https://www.vocabulary.com/dictionary/comparability. Accessed 24 Jun. 2024. Copy citation. Examples from books and articles. loading examples... Word Family.
