Menu close

Categories

Lizelle
Which qualitative characteristics of accounting information is reflected when accounting information is clearly presented? a. Understandability b. Relevance c. Comparability d. Reliability
Category : Accounting | Answer: 1 4 Months Ago

Follow (0)

Views (210)

Share

Share

Share

Share

Answer.. Minakshi
a. Understandability Understandability means decision-makers must interpret accounting information in the same sense as it is prepared and conveyed to them. The qualities that distinguish between good and bad communication in a message are fundamental to the understandability of the message.
4 Months Ago
(0)
Reply



Trending
Which qualitative characteristics of accounting information is reflected when accounting information is clearly presented? a. Understandability b. Relevance c. Comparabilit... View it
Who are the users of accounting information. View it
Define revenues and expenses? View it
What is the meaning of accounting? View it
‘Accounting information should be comparable’. Do you agree with this statement? Give two reasons. View it
Enumerate information needs of management. View it
Enumerate main objectives of accounting. View it
View More
facebook twitter linkedin
© 2018 ReadRevise.com. All rights reserved.