Accountancy, asked by skardam904, 5 months ago

4
24. Qualitative characteristics of Accounting are the attributes of accounting
information which tend to enhance its understandability and usefulness.
Explain it​

Answers

Answered by abhiramghaware
2

Answer:

Qualitative characteristics of accounting information

Relevance: information makes a difference in decision making. Reliability: information is verifiable, factual, and neutral. Comparability: information can be used to compare different entities. Consistency: information is consistently presented from year to year.

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