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Which qualitative characteristics of accounting information …

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Which qualitative characteristics of accounting information is reflected when an accounting information is clearly represented ? A. Understand ability B . relevance C . comparability D . reliablity

    • Posted by Shaima Syed 5 years, 2 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Manisha Dhibar 5 years, 2 months ago

    Understandability

    0Thank You

    Payal Jain 5 years, 2 months ago

    Understandability

    0Thank You

    Gaurav Seth 5 years, 2 months ago

    Understandability is the concept that financial information should be presented so that a reader can easily comprehend it. 

    Adherence to a reasonable level of understandability would prevent an organization from deliberately confusing financial information in order to mislead users of its financial statements.

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