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Which of the following statements are correct? Multiple select question. Comparability: It enables the individual to compare information from time to time and find the
Which of the following statements are correct?
Multiple select question.
Comparability: It enables the individual to compare information from time to time and find the similarities and the differences.
Understandability: It helps the users by providing proof of the information given in the financial report.
Relevance: It helps the users to make a quick decision as all the material information is provided in the financial report. The users don't have to waste time for searching relevant information.
Verifiability: It helps the users to provide financial information on time.
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