The two primary qualities that make accounting information useful for decision making are: comparability and consistency. materiality and timeliness. relevance and reliability. reliability and comparability.
The two primary qualities that make accounting information useful for decision making are: comparability and consistency. materiality and timeliness. relevance and reliability. reliability and comparability.
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 6MC: Which of the following is false about accounting information systems? A. They provide reports that...
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The two primary qualities that make accounting information useful for decision making are:
- comparability and consistency.
- materiality and timeliness.
- relevance and reliability.
- reliability and comparability.
- Information is neutral if it:
- provides benefits which are at least equal to the costs of its preparation.
- can be compared with similar information about an enterprise at other points in time.
- would have no impact on a decision maker.
- d. is free from bias toward a predetermined result.
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