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What are the four traits of a useful financial statement?

1• Material, Timely, Accurate, Cash Basis

 

2• Bi Weekly, Audited, Outsourced, Comparable

 

3• Relevant, Accurate, Cash Basis, Bi Weekly

 

4• Understandable, Relevant, Reliable, Comparable

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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/05/03
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes, Option4 is the right answer.

These are divided into enhancing charatetistics and qualitative charateristics Undertstandale, relevant , Relaible and comparable