Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 2 - A Further Look at Financial Statements - Brief Exercises - Page 75: BE2-8


Usefulness: Relevance - a, b Reliability - c, d Consistency - e

Work Step by Step

a) Predict future events b) Provide feel back c) Verifiable neutral d) Free from error c) Same accounting principles and methods year to year
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