The demand for accounting information by investors,lenders , creditors, etc., creates fundamental qualitative characteristics that are desirable in accounting information. There are six qualitative characteristics of accounting information: · Relevance – how helpful the information is for financial decision-making processes· Representational faithfulness or Reliability - the extent to which information accurately reflects a company’s financials· Verifiability - the extent to which information is reproducible given the same data and assumptions· Timeliness - how quickly information is available to users of accounting information· Understandability - the degree to which information is easily understood· Comparability - the degree to which accounting standards and policies are consistently applied from one period to another
16(17/23) + 11(15/46) - 15(17/25) =? - 19(13/23)
45.45 × 11.67 + 14399.88 ÷ 8.01 + 124.79 = ?
At a village trade fair a man buys a horse and a camel together for Rs 51,250. He sold the horse at a profit of 25 % and the camel at a loss of 20 %. If...
287.97 ÷ √323.99 = ? + 4.05-2 × 64.05
420.11 ÷ 13.98 × 5.14 – 124.9 = √?
(1709.87 ÷ 38.09) + (768.11 ÷ 23.87) + (6599.81 ÷ 88.06) = ?
11.67 × 50.23 + ? = 14.88% of 600.44 + 9.66 × 8.272
36.22 of 249.98% + 299.99 ÷ 30.18 = ?
60.22 of 349.98% + 419.99 ÷ 14.18 = ?