Which of the following is not a qualitative characteristic of accounting information?
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
Joint Special Forces exercise “ Ex Vajra Prahar 2022” commenced at Bakloh ( Himachal Pradesh) between India and which country?
Recently BookMyShow which of the following public sector bank has collaborated to launch a new credit card called “Play”?
LIC Mutual Fund announced the appointment of ___________ as its managing director and chief executive officer.
Which of the following statements about the first Skill India Centre in Odisha is/are correct?
1. Dharmendra Pradhan inaugurated the first Skill ...
Which bank’s housing finance arm has received capital markets regulator SEBI’s nod to raise up to Rs 2,500 crore through rights issue of shares?
...Which organization played a pivotal role in designing the Project 17A warships, including India's latest warship Mahendragiri, showcasing the country's ...
As per the responses of RTI Act 2021- 22, which state performed worst among the other states?
Karur Vysya Bank collaborated as an additional bancassurance partner with which life insurance company to sell its range of life insurance products in...
How much did the Asian Development Bank (ADB) commit in sovereign lending to India in 2023?
What is the primary objective of the One District One Product (ODOP) program's collaboration with the Ministry of Rural Development?