Answer
Timeliness
Work Step by Step
The concept of timeliness calls for having the information being readily available to users before it loses its usefulness.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 72: E2-3g
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