Relevance and reliability are two primary qualities that make accounting information useful for decision making.

Name: Relevance and reliability are two primary qualities that make accounting information useful for decision making.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Relevance means that the information provided is important for the specific decision being made, while reliability means that the information is accurate and can be trusted. These qualities are essential for accounting information to be useful in decision making.

Relevance and Reliability Are Two Primary Qualities That Make Accounting