g Question Relevance is one of the fundamental qualities of useful accounting information. Discuss why financial statements is prepared on the accrual basis in light of relevance, recognition principle of revenue and expense. Submission Procedure for Section A LCreate a word document (words limit 300, 2 marks will be deducted if exceeding the word limit) with the file name \"AF2108 Assignment_0ne_your student name and student number\". Your answer should be written in a word document. Make sure you put down your name and student number at the top of your word document, otherwise marks may be deducted