Which of the following is not a feature of accounting information?

Which of the following is not a feature of accounting information?

  • A.
    Affordability
  • B.
    Timeliness
  • C.
    Accuracy
  • D.
    Completeness
Correct Answer: Option A
Explanation
  • Relevance: information makes a difference in decision making
  • Reliability: information is verifiable, factual, and neutral
  • Comparability: information can be used to compare different entities
  • Consistency: information is consistently presented from year to year
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