wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is characteristic of accounting information?

A
Verifiability
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Neutrality
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Completeness
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All of the above
There are mainly 4 characteristics of the accounting information
1. Understandability:
2. Relevance
3. Reliability
4. Comparability

Here, Reliability includes information to be verifiable, neutral and complete.
Thus, all the options are correct.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon