General Studies · Accounting Concepts
Which of the following statements is/are correct? i. Information for decision-making should incorporate uncertainty in some way. ii. The data used to prepare financial accounts and management accounts originate from the same operational transactions.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1ii is true and i is false
- 2Both i and ii are false
- 3Both i and ii are true✓
- 4i is true and ii is false
Correct answer
Both i and ii are true
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