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accounting records are qualitative or quantitative

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  • 48 Answers
48 Answers
  • quantitative


  • both of


  • quantitative


  • quantitative


  • Quantitative


  • quantitative


  • quantitative


  • quantitative


  • Accounting records are qualitative.There are some qualities of accounting records:-br /Relevancestrong:/strong  accounting records makes a difference in decision makingbr /Reliability: this records is verifiable, factual, and neutralbr /Comparability: records can be used to compare different entitiesbr /Consistency: records is consistently presented from year to yearbr /These qualities make accounting information understandable and useful for decision and reporting purposes: the goal of financial reporting is to provide useful information to current and potential investors, creditors, and other users of accounting information (e.g government, standard-setting bodies) to make investment, credit, and other decisions.


  • quantative


  • qualitative


  • accounting records are QUANTITATIVE records as they deal with quantifying figures un an organisation


  • quantitative


  • quantitative


  • quantitative


  • quantitative


  • quantitative


  • quantitative


  • quantitative


  • Quantitative


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