The enhancing qualitative characteristic of understandability means that information should be understood by those who have a reasonable understanding of business and economic activities.
The four enhancing qualitative characteristics are comparability, verifiability, timeliness, and understandability. Understandability is one of the four enhancing qualitative characteristics of useful financial information. It refers to the classification, characterization, and presentation of financial information clearly and concisely
The correct answer is b. those who have a reasonable understanding of business and economic activities. The enhancing characteristics are four qualitative characteristics that complement the two fundamental qualitative characteristics relevance and faithful representation.
Learn more about economic activities here
https://brainly.com/question/27587809
#SPJ4
