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Characteristics of FS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Characteristics of FS

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • May 22, 2016 at 4:27 am #316296
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    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.

    May 22, 2016 at 8:05 am #316325
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    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”)

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