Accountancy, asked by anilk50186, 1 month ago

The handteristic of accounting or​

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Answered by preethamsingh2904
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Answer:

The above mentioned characteristics (relevance, materiality, understandability, comparability, consistency, reliability, neutrality, timeliness, economic realism) make financial reporting information useful to users. These normative qualities of information are based largely upon the common needs of users.

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