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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

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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
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