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Which of the following is not a feature of accounting information?

Accounts - Principles of Accounts
JAMB 2015

Which of the following is not a feature of accounting information?
  • A. timeliness
  • B. accuracy
  • C. completeness
  • D. affordability
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Correct Answer: Option D
Explanation
accounting information and report must be accurate, complete and timely. Money spent to obtain an information is not as important as how useful are those information in taking decisions.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent