To be reliable, accounting information must _________________.

Be available in time

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Help in prediction and feedback

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Influence the decisions of users

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All of the above

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Solution

The correct option is D All of the above
Reliability means that the end users must be able to depend/rely on the information presented.
A piece of accounting information is reliable if it is
1. Available in time
2. Help in prediction and feedback
3. Influence the decisions of users

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To be reliable, accounting information must _________________.

The correct option is D All of the aboveReliability means that the end users must be able to depend/rely on the information presented.A piece of accounting information is reliable if it is1. Available in time2. Help in prediction and feedback3. Influence the decisions of users

The correct option is D All of the above
Reliability means that the end users must be able to depend/rely on the information presented.
A piece of accounting information is reliable if it is
1. Available in time
2. Help in prediction and feedback
3. Influence the decisions of users