state the attributes (features of accounting)
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Qualitative characteristics of accounting information that impact how useful the information is: Verifiability. Timeliness. Understandability
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The attributes (features of accounting) are:
- Accounts receivable (order to cash).
- Accounts payable (procure to payment).
- Financial close.
- Time and expense capture.
- Fund accounting.
- Project accounting.
- Revenue recognition and management.
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