Timeliness refers to providing information in a timely manner such that it will not lose its:
A) reliability.
B) relevance.
C) comparability.
D) understandability.

Name: Timeliness refers to providing information in a timely manner such that it will not lose its: A) reliability. B) relevance. C) comparability. D) understandability.
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Question

Quizplus · Accepted Answer

Timeliness means preparers should not take so long to correct and prepare financial information that the information loses its relevance.

Timeliness Refers to Providing Information in a Timely Manner Such