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 cost of a machine is ₦10,000. The residual value is ₦4,000. It is expected to last for 4 yea...
The portion of the authorizes capital which has been allotted to members is ...
\(\begin{array}{c|c} & D\\ \hline \text{Construction of classrooms} & 500,000\\ \text{Sinkin...
A manufacturing company's cost of production was D 200,000. The finished goods were transfe...
Given: Drawings - #3,500 Net loss - #2,500 Capital 1/1/2007 - #35,000 Additional capital - #10...
The correct expression of accounting equation is ...
Which of the following has the ultimate control of a company? ...