In order for accounting information to be useful in making informed decisions, it must be
A)internal.
B)relevant.
C)reliable.
D)both relevant and reliable.

Question

Quizplus · Accepted Answer

Accounting information must be both relevant and reliable to be useful in decision-making. Relevant information is significant to the decision being made, while reliable information is accurate and can be depended on. Internal information may be useful to the organization but may not necessarily provide relevant and reliable information for decision-making.

In Order for Accounting Information to Be Useful in Making