Which of the following is not an information characteristic that the GASB identifies as important in government financial reports?

a-Comparability.

b-Timeliness.

c-Reliability.

d-Conciseness.

It is Conciseness (D)

Explanation:

Comparability : the financial information produced should be capable of being compared over time and with similar information about other entities.

Timeliness : Financial information should be provided within a time scale suitable for the users decision making purposes.

Reliability : Information contained in the financial reports should inspired confidence in their users which they can rely on in making relevant decision.

Conciseness : This is not part of financial information characteristics.