Answer to Question #294509 in Accounting for dddd

Question

Which of the following qualitative characteristic mandates provided below is complete, free from material error or bias and prudent?  

Select one:

a. 

Relevance 

b. 

Understandability

c. 

Comparability 

d. 

Reliability

Answer 1

Comparability is the level of standardization of accounting information that allows the financial statements of multiple organizations