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As we discussed in class, stakeholders require useful accounting/accountability information to hold organisations to account and/or make informed decisions. For accounting/accountability information to be useful,
- As we discussed in class, stakeholders require "useful" accounting/accountability information to hold organisations to account and/or make informed decisions. For accounting/accountability information to be "useful", it must adhere to a set of what the accounting profession describes as "qualitative characteristics of useful accounting information".
- Inyour own words, identity 4 of these characteristics, and explain what they mean.
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