Characteristics which accounting information posess
What are the key qualities or characteristics which accounting information should possess?
Expert
The accounting information must possess certain key qualities or characteristics which are as follows:
a) Relevance.b) Reliability.c) Comparability.d) Understandability.
Cost Finding: Cost finding methods generate cost data by analytical or sampling techniques. Cost finding methods are suitable for certain type of costs, like indirect costs, items with costs underneath set thresholds in the programs,
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What do you mean by the term relevance which is accounting information?
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