Which of the following is not a feature of accounting information?

By: |Published on: Mar 19|Categories: Accounting WAEC| 0 comments

A. Affordability
B. Timeliness
C. Accuracy
D. Completeness

Correct Answer: Option A

A. Affordability

Explanation

  • Relevance: information makes a difference in decision making
  • Reliability: information is verifiable, factual, and neutral
  • Comparability: information can be used to compare different entities
  • Consistency: information is consistently presented from year to year

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