menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Statement Analysis Study Set 1
  4. Exam
    Exam 2: Financial Reporting and Analysis
  5. Question
    The Two Secondary Qualities of Accounting Information to Make It
Solved

The Two Secondary Qualities of Accounting Information to Make It

Question 42

Question 42

Multiple Choice

The two secondary qualities of accounting information to make it useful for decision making are:


A) consistency and comparability.
B) relevance and reliability.
C) materiality and comparability.
D) full disclosure and relevance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q27: Accrual accounting overcomes both the timing and

Q38: Audit risk represents a danger to users

Q39: Which of the following is a change

Q40: If a company changes auditors, it is

Q41: The management of Finner Company believes that

Q46: SFAS 157 defines fair value as the:<br>A)

Q55: Accounting information is "material" if its omission

Q57: The "big bath" strategy is often used

Q62: Which of the following is incorrect? When

Q71: Economic income measures change in:<br>A)asset value.<br>B)liability value.<br>C)shareholder

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines