Secondary Qualitative Characteristics of Accounting Information Include

question 28

Multiple Choice

Secondary qualitative characteristics of accounting information include:

• A)Relevance and comparability.
• B)Comparability and consistency.
• C)Reliability and relevance.
• D)Reliability and consistency.

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Definitions:

Promotion

An advancement to a higher-level job with increased authority, responsibility, and pay.

Price

The amount of money expected, required, or given in exchange for something else, typically goods or services.

Distribution

Making products available to customers in the quantities desired.