For accounting information to be useful,it must be both relevant and reliable.

Name: For accounting information to be useful,it must be both relevant and reliable.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Relevant information is important because it has the ability to influence decisions. Reliable information is also important because it is trustworthy and can be relied upon. Without both relevance and reliability, accounting information may not be useful or trustworthy in making decisions.

For Accounting Information to Be Useful,it Must Be Both Relevant