Reliability as a quality of accounting information means that accounting
FINANCIAL
WAEC 2023
Reliability as a quality of accounting information means that accounting
- A. rules and guidelines are applied
- B. information is prepared based on evidence
- C. information is comprehensive
- D. report is prepared promptly
Correct Answer: B. information is prepared based on evidence
Explanation
Information presented in the report can be relied on as the accurate description of the transaction of the enterprise and show a true and fair view.
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