True or False Question True or false: Under the timeliness principle, a company must divide their activities into periods of less than a year (called interim periods) so that the information is available on a continuous basis to decision-makers. O True 7 O False

false

True or false: Under the limelness principle, a company must divide their activities into periods of less than a year (called interim periods) so that the information is evalibble on a continuous basis to decision-makers True False