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

A.

Affordability

B.

Timeliness

C.

Accuracy

D.

Completeness

Correct answer is A

  • 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