GCE Accounting 2023 Objective — Question 22
Question 22 of 50 from the General Certificate of Education (GCE) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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Reliability as a quality of accounting information means that (a) rules and regulations are applied (b) information is comprehensive (c) report is prepared promptly (d) information is prepared based on evidence
- A. rules and regulations are applied
- B. information is comprehensive
- C. report is prepared promptly
- D. information is prepared based on evidenceCorrect
Explanation
Reliable accounting information is free from error and bias and faithfully represents what actually happened, i.e. it is based on evidence.
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