What are the two primary qualitative characteristics of accounting information?

What are the two primary qualitative characteristics of accounting information? Relevance and reliability are the two primary qualities that make accounting information useful for decision making. What are the primary qualitative characteristics of accounting information? Qualitative characteristics of accounting information that impact how useful the information is: Verifiability. Timeliness. Understandability. Comparability. What two primary qualitative … Continue reading What are the two primary qualitative characteristics of accounting information?