Question: Answer in word format please The basic objective of financial reporting is to provide information for decisionmaking. To make best decisions regarding business, accounting information

Answer in word format please Answer in word format please The basic objective of financial reporting is

The basic objective of financial reporting is to provide information for decisionmaking. To make best decisions regarding business, accounting information should have qualities. Explained FOUR (4) characteristics of accounting information. (a) Relevant (b) Reliability (c) Comparability (d) Consistency (5 Marks Section B a) Complete the gaps in the following table: The basic objective of financial reporting is to provide information for decisionmaking. To make best decisions regarding business, accounting information should have qualities. Explained FOUR (4) characteristics of accounting information. (a) Relevant (b) Reliability (c) Comparability (d) Consistency (5 Marks Section B a) Complete the gaps in the following table

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