Question 4 of 23intermediate💡 UnderstandMCQ1 mark
The primary qualities that make accounting information useful for decision-making are:
Exercise: Test Your Understanding - I | Q: 4 | (Page 6)
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Explanation
Option B is correct because the provided text explicitly states that for accounting information to be meaningful to its users, it is important that the information is 'reliable as well as comparable'. While relevance and consistency are also discussed as important aspects, the text specifically pairs reliability and comparability in the context of making information useful for users (investors, creditors, etc.) to draw conclusions and make decisions.