I realise the enhancing characteristics of FS. For the enhancing characteristics , "verifiability" can also be called "reliability" is it ? Because i realise in my lecture notes they use the term "verifiability" but in my textbook they use the term "reliability" .
They mean the same thing right.
Ask the Tutor ACCA FR
Characteristics of FS
I think you're probably correct. From memory, the word "reliability" doesn't appear within the official list of characteristics but "relevant and reliable" is such an easy expression to remember :-) (like "rest and recreation" or "repairs and renewals")
Sign in to reply to this topic.