State the various essential features of an accounting report.

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Solution

An accounting report must have the following features in it:

(i) Relevance (ii) Timeliness (iii) Accuracy (iv) Completeness (v) Conciseness

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State the various essential features of an accounting report.

An accounting report must have the following features in it: (i) Relevance (ii) Timeliness (iii) Accuracy (iv) Completeness (v) Conciseness

An accounting report must have the following features in it:

(i) Relevance (ii) Timeliness (iii) Accuracy (iv) Completeness (v) Conciseness