Question 11
If the accounting information is not clearly presented, which of the qualitative characteristic of the accounting information is violated?
Answer
If the accounting information is not clearly presented, then the qualitative characteristics like, comparability, reliability and understandability, are violated. This is because if the accounting information is not clearly presented, then meaningful comparison may not be possible, as the data is not trustworthy, which may lead to faulty conclusions.
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5 Comment(s) on this Question
sneha jaiswal
2019-09-26 20:25:30
nice ans
sneha jaiswal
2019-09-26 20:24:27
thanks
Debayan Bir
2017-08-03 05:33:16
Thank-you
vinay singh
2015-10-10 01:44:17
Appreciative answer...thanx
irshad khan
2015-10-09 08:04:23
nice ans
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