Relevance example sentences
1,00,000 represent a ratio of 1: But it has no relevance to assess efficiency or solvency.Here we have to bring in the relevance of the time period in our discussion.In order to assess whether accounting information is decision useful, it must possess the characteristics of reliability, relevance, understandability and comparability.Useful accounting information, regardless of its physical form, must have five characteristics: relevance, timeliness, accuracy, completeness and summarisation.It is hoped that children will find the topic of personal relevance.Accountants should present the comparable information in the most intenlligible manner without sacrificing relevance and reliability.The ratio of purchases to furniture is 3 (3,00,000/1,00,000) but it hardly has any relevance.
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