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'That Quality of Financial Information Which Exists When That Information

Question 8

Multiple Choice

'That quality of financial information which exists when that information can be depended upon to represent faithfully,and without bias or undue error,the transactions or events that it purports to represent or could reasonably be expected to represent' (The Framework para.31) ,is:


A) understandability
B) reliability
C) timeliness
D) comparability

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