Accountancy, asked by aashwigha, 9 months ago

characterstic of accounting​

Answers

Answered by ms8367786
3

Answer:

Understandability. This implies the expression, with clarity, of accounting information in such a way that it will be understandable to users - who are generally assumed to have a reasonable knowledge of business and economic activities.

Relevance. ...

Consistency. ...

Comparability. ...

Reliability. ...

Objectivity.

Answered by WhiteDove
24

Explanation:

Understandability. This implies the expression, with clarity, of accounting information in such a way that it will be understandable to users - who are generally assumed to have a reasonable knowledge of business and economic activities.

Relevance. ...

Consistency. ...

Comparability. ...

Reliability. ...

Objectivity.

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