According to Concept Statement #2 accounting information should be:

Name: According to Concept Statement #2 accounting information should be:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Relevant information is useful and beneficial to users, while reliable information is dependable and trustworthy. Accounting information must possess both of these qualities to be valuable in decision making. The other choices are also important characteristics of accounting information, but they do not encompass the full range of necessary qualities.

According to Concept Statement #2 Accounting Information Should Be