Question

Qualitative characteristics of accounting information

Answer 1

Answer:

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.

Answer 2

Answer:

Reliability

Information is verifiable factual & neutral

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Explanation: