Characteristic or limitation of the kind of information


Which of the following is not a characteristic or limitation of the kind of information that financial reporting by business enterprises can provide?

A) The information results in approximate, rather than exact, measures.

B) The information largely reflects the financial effects of transactions that have already happened.

C) The information is provided and used at a cost.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Characteristic or limitation of the kind of information
Reference No:- TGS062043

Expected delivery within 24 Hours