“The decision-makers must interpret accounting information in the same sense as it is prepared and conveyed to them.” Which qualitative characteristic of accounting information is highlighted here?
Answers
Answer:
the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a by-product.
Area of rectangle = l × b
Answer:
The quality of reliability is highlighted here.
Explanation:
In this question, it is required to identify the characteristic of accounting information highlighted. In this, the characteristic is followed is reliability. The reliability means the information which is easily identifies and understood by other users. The information provided is error- free and easy language is used in it. Also, the reliable information is not biased. The reliable is the information which is trusted by others. If the information is altered by the decision makers, then it is not treated as the reliable information. Because the original information is not presented. Hence, the qualitative characteristic of accounting information highlighted is reliability.
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