The Two Secondary Qualities of Accounting Information to Make It

question 42

Multiple Choice

The two secondary qualities of accounting information to make it useful for decision making are:

• A) consistency and comparability.
• B) relevance and reliability.
• C) materiality and comparability.
• D) full disclosure and relevance.

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Definitions:

Musical Work

A creative piece of music which has been composed, written, or recorded.

Engine

A machine designed to convert one form of energy into mechanical energy.

Lift

In the context of business and marketing, it refers to an increase or improvement in a certain metric such as sales or engagement resulting from a specific action or campaign.

Coal Mine

A location where coal is extracted from the earth through mining processes.