Question

Which of the following priniciple emphasises that " information should be made avaiable to the users of accounting in time"?

Answer 1

This is emphasized by 'Accounting Period Principle'.It states that users of financial statements require information from the accounts at regular intervals so that decision can be taken at the right time.

Hope this helps you!!!

Answer 2

Answer:

Timeliness Of Accounting

Explanation:

The timelessness of Accounting information is highly desirable because the information presented in a timely manner is generally highly relevant to the user, but conversely, delayed provision of information can be relevant to the user's decision-making needs. It tends to be below. Therefore, the topicality principle is closely related to the relevance principle.