(a) Mention three disadvantages to a business that does not keep proper accounting records. (b) Explain the following characteristics of accounting informat...

(a) Mention three disadvantages to a business that does not keep proper accounting records.

(b) Explain the following characteristics of accounting information
i. Relevance
ii. Comparability 
iii. Consistency
iv. Reliability

(c) State two limitations in the use of accounting information for business decision making.