Accountancy, asked by devi440057, 1 month ago

Briefly explain qualiative characteristics of accounting information?

Answers

Answered by ooOPoisonousQueenOoo

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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Answered by mrnickname50

Answer:

Please mark brainlist |☆|

Explanation:

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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