WAEC - Accounts Principles Of Accounts (2015 - No. 2)
Which of the following is not a feature of accounting information?
Affordability
Timeliness
Accuracy
Completeness
Explanation
- Relevance: information makes a difference in decision making
- Reliability: information is verifiable, factual, and neutral
- Comparability: information can be used to compare different entities
- Consistency: information is consistently presented from year to year
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