In order for accounting information to be useful in making informed decisions,it must be

Question

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To be useful in making informed decisions, accounting information must be both relevant and reliable. Relevant information is pertinent to the decision at hand, while reliable information is accurate and can be trusted to be free from bias or error. Internal information, while important for organizational management, is not necessarily a requirement for information to be useful in decision making.

In Order for Accounting Information to Be Useful in Making