Which of the following is not a feature of accounting inf...
Which of the following is not a feature of accounting information?
Timeliness
Accuracy
Completeness
Affordability
Correct answer is D
Accounting information and report must be accurate, complete and timely. Money spent to obtain an information is not as important as how useful are those information in taking decisions.
The main features of the single system are that? ...
Which of the following is a real account item? ...
Gross profit b/d Less: Salaries and wages ...
The discount column on the left-hand side of cashbook represents a discount ...
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...
Which of the following is shown in the profit and loss appropriation account of a company? ...