Primary Qualitative Characteristics of Accounting Information Are

question 75

Multiple Choice

Primary qualitative characteristics of accounting information are:

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

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Definitions:

Unethical Message

A communication that is dishonest, manipulative, or otherwise morally questionable.

Misleading

Providing false or deceptive information that causes someone to believe something that is not true.

Inaccurate Information

Information that is incorrect or not true, potentially leading to misunderstandings or errors.

Audience's Level

The degree of understanding, interest, and expectations the audience has regarding a particular subject or communication.