The Characteristic of Accounting Information That Requires Financial Reports to Be

question 52

Multiple Choice

The characteristic of accounting information that requires financial reports to be expressed as clearly as possible and to be capable of being understood by those they are addressed to, is known as:

• A)understandability.
• B)reliability.
• C)cost versus benefit test.
• D)relevance.

---

Definitions:

Hillary Clinton

An American politician, diplomat, lawyer, writer, and public speaker who served as the 67th United States Secretary of State, U.S. senator from New York, and First Lady of the United States.

Global Media Relations

The practice of managing and fostering a positive relationship with the media across the world to ensure favorable coverage for an organization or individual.

Challenges

Difficult situations or obstacles that need to be overcome.

PR Experts

Professionals skilled in managing and improving the public image of individuals, organizations, or companies, through strategic communication.