Accountancy, asked by AdrijaMukherjee560, 1 year ago

Name the qualitative characteristics of accounting information

Answers

Answered by Anonymous
5

Accounting information qualitative characteristics are summarized below: In addition to the aforementioned characteristics (i.e., relevance, reliability, comparability, and consistency), the following qualities of accounting information affect its usefulness: understandability, materiality, and conservatism.

Answered by BoldStyle
8

The qualitative characteristics of accounting information are :-

Reliability

Relevance

Understandability

Comparability

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