hich of the following is not a fundamental quality of useful accounting information? Group of

Comparability is an enhancing qualitative characteristic that results in   Select one: rigid uniformity in the application of accounting principles. information that enables users to identify and understand similarities in and differences among financial statement items. greater use of judgment in the application of accounting standards. the ability of users to understand inherently complex phenomena.

Which of the following is a fundamental quality of useful accounting information?   Select one: Comparability  Consistency Relevance Materiality

Clear lines of authority and responsibility are essential to establishing a responsibility accounting system.  tRUE OR fALSE