InvestorQ : Which qualitative characteristic of accounting information is reflected when accounting information is clearly presented? a) Relevance b) Comparability c) Reliability d) Understandability
kavya singh made post

Which qualitative characteristic of accounting information is reflected when accounting information is clearly presented? a) Relevance b) Comparability c) Reliability d) Understandability

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Purvesh answered.
2 weeks ago
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Hi Kavya, Understandability is the answer to your query.

Here it means that the financial statements should be presented in such a way that any layman can understand them.

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