The overriding qualitative characteristic of accounting information is
A) relevance.
B) understandability.
C) reliability.
D) decision usefulness.

Name: The overriding qualitative characteristic of accounting information is A) relevance. B) understandability. C) reliability. D) decision usefulness.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Decision usefulness is the overriding qualitative characteristic of accounting information, as it encompasses both relevance and reliability, which are essential for making informed decisions.

The Overriding Qualitative Characteristic of Accounting Information Is