Question

charaterstic of accounting explain each functions
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Answer 1

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.

Explanation:

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Answer 2

Answer:

Accounting Information - Characteristics

• Understandability.
• Relevance.
• Consistency.
• Comparability.
• Reliability.
• Objectivity.

Explanation:

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