Information that is presented in a clear fashion, so that reasonably informed users of that information can interpret it is an example of
A) relevance.
B) faithful representation.
C) understandability.
D) comparability.

Question

Quizplus · Accepted Answer

Understandability refers to the ability of information to be presented in a clear and concise manner so that reasonably informed users of the information can comprehend it. The other options are important qualities of financial information, but do not specifically refer to the presentation and interpretation of the information.

Information That Is Presented in a Clear Fashion, So That