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The two primary decision-specific qualities that make accounting information useful are?

1. Verifiability and representational faithfulness

2. Predictive value and feedback value

3. Cost effectiveness and materiality

4. Relevance and reliability

Accounting Financial Reporting Finance Accounting and Finance
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Question added by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union
Date Posted: 2015/07/28
Upvote (1) Views (6) Followers (3) Answers (3) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option4 is the right answer.

Abiodun Joda
by Abiodun Joda , office manager , Tola Joda Innovations

The two primary decision  specific qualities are cost effectiveness and materiality.

Imdad Hussain Rajput
by Imdad Hussain Rajput , Assistant Sales Manager , Forego

Relevance and reliability is right answer

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