Accountancy, asked by sravanisrav8313, 6 months ago

Use of common unit of measurement and common Format of reporting promotes

Answers

Answered by harshitaraghuvanshi0
2

Answer:

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Explanation:

Comparability' characteristic of accounting information requires the use of common units and common format of reporting. It is the most important quality of accounting information. Comparability means accounting information of a current year can be comparable with that of the previous years.

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