______ are secondary qualities of accounting information that make it useful for decision making.
A)Consistency and comparability
B)Relevance and reliability
C)Materiality and comparability
D)Full disclosure and relevance

Question

Quizplus · Accepted Answer

Consistency and comparability are considered secondary qualities of accounting information. Consistency refers to the use of the same methods for the same items, either from period to period within a company or across companies, which allows for meaningful comparisons. Comparability allows users to identify and understand similarities and differences among items, enhancing the decision-making process.

______ Are Secondary Qualities of Accounting Information That Make It