Which of the following is not a feature of accounting inf...
Which of the following is not a feature of accounting information?
Timeliness
Accuracy
Completeness
Affordability
Correct answer is D
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.
The main difference between the ordinary and preference shareholders is that ...
Use the following information to answer the given question \(\begin{array}{c|c} & D\\ \hline \t...
A business transaction is recorded in the books of account when the ...
Departments K Y Opening 2,500 800 Purchases 120,000 100,000 Sales 180,000 200,000 Salary 8,000 3...
Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for bad deb...