Reliability as a quality of accounting information means ...
Reliability as a quality of accounting information means that accounting
rules and guidelines are applied
information is prepared based on evidence
information is comprehensive
report is prepared promptly
Correct answer is B
Information presented in the report can be relied on as the accurate description of the transaction of the enterprise and show a true and fair view.
A business includes 50% mark-up on all its products. This would mean margin of ...
Manufacturing account is prepared to determine the ...
Which of the following is mostly used in treating partner's current earnings? ...
Provision for depreciation on delivery van is charged to ...
Capital.....................N? Profit and loss.............N3500 Current assets..............N? C...
Which of the following is a component of prime cost? ...