Which of the following is NOT a characteristic of useful information;
A) relevance
B) flexibility
C) completeness
D) objectivity
Correct Answer:
Verified
Q1: The US term stock means the same
Q2: The concept of materiality is applied because;
A)it
Q3: Prudence is not considered to be an
Q4: Financial reporting is only concerned with providing
Q5: The concept of 'going concern' means that
Q6: There is a conflict between prudence and
Q7: Timeliness is a characteristic of useful information.
Q9: The government are not users of the
Q10: The acronym IASB stands for;
A)Internal Accounting Standards
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents