The quality of understandability is a characteristic influenced by both users and preparers of accounting information.

Question

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The quality of understandability refers to the clarity and ease with which accounting information can be understood by users. Preparers of accounting information can enhance understandability by avoiding technical jargon, using clear language and providing context, while users can also improve their understanding by acquiring relevant knowledge and skills. Therefore, both users and preparers play a role in influencing the quality of understandability of accounting information.

The Quality of Understandability Is a Characteristic Influenced by Both