explain the qualitative characteristics of accounting information.

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explain the qualitative characteristics of accounting information.

Gajendra Barik 5th Jul, 2020

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NITIN SHARMA 5th Jul, 2020

Relevance: information makes a difference in decision making. Reliability: information is verifiable, factual, and neutral. Comparability: information can be used to compare different entities. Consistency: information is consistently presented from year to year.

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