Which of the following is an underlying condition that in part creates the demand by users for reliable information?
A)Economic transactions that are numerous and complex.
B)Decisions that are time-sensitive.
C)Users separated from accounting records by distance and time.
D)Financial decisions that are important to investors and users.
E)All of the these choices are correct.

Question

Quizplus · Accepted Answer

All of the given options contribute to the demand for reliable information. Economic transactions that are numerous and complex require accurate financial information to make informed decisions. Decisions that are time-sensitive require up-to-date and reliable information to make the best choice. Users separated from accounting records by distance and time need information that is trustworthy and accessible. Finally, financial decisions that are important to investors and users require reliable, credible, and relevant information to make the best decisions.

Which of the Following Is an Underlying Condition That in Part