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Salsk061 [2.6K]
3 years ago
13

When information about two different enterprises has been prepared and presented in a similar manner, the information exhibits t

he characteristic of
Business
1 answer:
Dima020 [189]3 years ago
4 0

Answer:

Comparability

Explanation:

Comparability is a characteristic of the information presentation of accounting information.  It is required that the use of standardized accounting principles aid in making the accounts of two different enterprises to be compared to enable decision making among investors or for the allocation of investible resources.  Without this comparability it becomes difficult to determine where resources would be put.  Comparability can also be applied with the same company when it is able to compare its performance from one period to the other.  This is also enabled by the use of standardized principles which have been consistently applied.

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Answer:

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