For Financial Information to Be Useful It $\bold{must}$ Possess the Following Characteristics:
A)Must Be Relevant and Faithfully Represent

question 21

Multiple Choice

For financial information to be useful it $\bold{must}$ possess the following characteristics:

• A)Must be relevant and faithfully represent the underlying business.
• B)Must be faithful and accurate.
• C)Must be timely and verifiable.
• D)Must be relevant and comparable

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