InformationQuality

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August 31, 2024 4 min read Definitions
Relevance: The Cornerstone of Decision-Making in Accounting and Finance
Accounting Finance Business Relevance AccountingPrinciples DecisionMaking FinancialReporting InformationQuality
Relevance refers to the quality of information that enables it to influence the decisions of users. In accounting and finance, this concept is crucial for predictive value and confirming or correcting previous expectations.
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