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Why is "Timeliness" considered important in audit reporting?a)It ensures a high degree of accuracy in the figures.b)It reduces the need for comparability.c)It allows management actions to be based on fresh information.d)It increases the cost of preparing reports.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why is "Timeliness" considered important in audit reporting?a)It ensures a high degree of accuracy in the figures.b)It reduces the need for comparability.c)It allows management actions to be based on fresh information.d)It increases the cost of preparing reports.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why is "Timeliness" considered important in audit reporting?a)It ensures a high degree of accuracy in the figures.b)It reduces the need for comparability.c)It allows management actions to be based on fresh information.d)It increases the cost of preparing reports.Correct answer is option 'C'. Can you explain this answer?.

Solutions for Why is "Timeliness" considered important in audit reporting?a)It ensures a high degree of accuracy in the figures.b)It reduces the need for comparability.c)It allows management actions to be based on fresh information.d)It increases the cost of preparing reports.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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