Question

To be useful for decision making, information should possess the fundamental qualities of relevance and.

Answer 1

To be useful for decision making, information should possess the fundamental qualities of relevance and  Faithful representation.

What is  faithful representation?

Faithful representation can be defined as the financial accounting concept that stated a company financial position which they present should be correct with what the company has as their financial statement.

It is paramount that a company a financial statement is accurate  to what they present in the financial statement  and  should not be compromise.

Therefore To be useful for decision making, information should possess the fundamental qualities of relevance and  Faithful representation.

Learn more about  Faithful representation here:brainly.com/question/14506917

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