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Two primary qualitative characteristics of Financial Statements are __.

(A) Understandability and Materiality
(B) Relevance and Reliability
(C) Relevance and Understandability
(D) Materiality and Reliability

►Correct Option

Correct Option is: B

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcq

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