Accountancy, asked by soumyapatter, 4 months ago

the characteristic of utility is found in accounting principles​

Answers

Answered by taramjitsingh03
0
Relevance or Usefulness: A principle will be relevant only if it satisfies the needs of those who use it. ...
Objectivity: A principle will be said to be objective if it is based on facts and figures. ...
Feasibility: The accounting principles should be practicable.
Answered by Anonymous
2

Answer:

ESSENTIAL FEATURES OF ACCOUNTING PRINCIPLES:

  • Relevance or Usefulness: ADVERTISEMENTS: A principle will be relevant only if it satisfies the needs of those who use it.
  • Objectivity: A principle will be said to be objective if it is based on facts and figures.
  • Feasibility: The accounting principles should be practicable.

Explanation:

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