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QUESTION IMAGE

verifiability means that the accounting information: a. must be capable…

Question

verifiability means that the accounting information:
a. must be capable of being checked for accuracy, completeness and reliability.
b. is understandable.
c. is material and relevant.
d. is timely and understandable.

Explanation:

Brief Explanations

Verifiability in accounting requires that information can be verified for accuracy, completeness, and reliability through independent review.

Answer:

A. must be capable of being checked for accuracy, completeness and reliability.