Relevance and Comparability Are the Two Fundamental Qualitative Characteristics of Accounting

question 113

True/False

Relevance and comparability are the two fundamental qualitative characteristics of accounting.

---

Definitions:

Complexes

Psychological concepts referring to a core pattern of emotions, memories, perceptions, and wishes in the personal unconscious organized around a common theme.

Supraordinate

A term used globally to describe a higher level or overarching category or concept that includes subordinate elements or instances.

Self

The individual's conception and expression of their identity, comprising their thoughts, beliefs, and feelings about who they are.

Unconscious Pattern

Behaviors, thoughts, or emotions that operate below the level of conscious awareness, influencing an individual's actions and reactions.