When financial reports from two different companies have been prepared and presented in a similar manner,the information exhibits the characteristic of
A) relevance.
B) reliability.
C) comparability.
D) consistency.

Question

Quizplus · Accepted Answer

The information exhibits comparability, which means that financial information has been prepared and presented in a consistent manner, allowing for useful comparisons between the financial reports of two different companies.

When Financial Reports from Two Different Companies Have Been Prepared