Start learning 50% faster. Sign in now
The demand for accounting information by investors,lenders , creditors, etc., creates fundamental qualitative characteristics that are desirable in accounting information. There are six qualitative characteristics of accounting information: · Relevance – how helpful the information is for financial decision-making processes· Representational faithfulness or Reliability - the extent to which information accurately reflects a company’s financials· Verifiability - the extent to which information is reproducible given the same data and assumptions· Timeliness - how quickly information is available to users of accounting information· Understandability - the degree to which information is easily understood· Comparability - the degree to which accounting standards and policies are consistently applied from one period to another
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
Insolen...
In each of the following questions, one word is highlighted in bold. There are four sentences given in the option. Out of the four sentences, three wil...
Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The king was known for his generosity , but h...
In the following questions, choose the word opposite in meaning to the given word.
EXPAND
What is the antonym of the word "ephemeral"?
A place where weapons and military equipment are stored
An independent person or body officially appointed to settle a dispute
Hygrometer : Humidity :: Sphygmomanometer : ?
A person who believes that nothing is known or can be known of the existence or nature of God.
The science of colours.