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The characteristics of accounting are lo

Answer» NY’s decision-makers must be able to trust the accounting information provided by the accounting department. A company USES its FINANCIAL data and other accounting information to make decisions that can affect its position WITHIN the market. Having accurate accounting data is the means a company uses to steer in the direction it needs to go. Some important CHARACTERISTICS of accounting theory include relevance, reliability, materiality and consistency. I hope it helps you


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