Accountancy, asked by s11b1573jagriti6318, 10 months ago

give two characters of accounting principle?​

Answers

Answered by bhumikachaudhari224
3

Answer:

Some important accounting characteristics include relevance, reliability, materiality and consistency.

Generally Accepted Accounting Principles. ...

Relevance. ...

Reliability. ...

Consistency. ...

Materiality.

Explanation:

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Answered by royaljasleen30
2

Answer:

Accounting records only those transaction and events which are of financial nature.

Accounting measures the transaction and events in terms of money.

Explanation:

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