The two primary qualities that make accounting information useful for decision making are
A)comparability and consistency.
B)materiality and timeliness.
C)relevance and reliability.
D)reliability and comparability.

Question

Quizplus · Accepted Answer

Relevant information is able to influence decisions being made, while reliable information is free from errors or bias. Therefore, accounting information that is both relevant and reliable is most useful for decision making.

The Two Primary Qualities That Make Accounting Information Useful for Decision