The objective of financial reporting is to provide financial information that is useful to the users in
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Question:
The objective of financial reporting is to provide financial information that is useful to the users in making decisions. According to the IASB'S Conceptual Framework for Financial reporting which two of the following characteristics enhance the usefulness of financial information?
A.the information should be comparable
B The information should be reliable
C The information should be verifiable
D The information should be material
E The information should be neutral
Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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