Which of the Following Are Considered Secondary Characteristics of Accounting

question 46

Multiple Choice

Which of the following are considered secondary characteristics of accounting information?

• A)verifiability and feedback value
• B)predictive value and timeliness
• C)comparability and consistency
• D)representational faithfulness and neutrality

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Definitions:

Empathic Responses

Reactions or responses that show an understanding of and sensitivity to another person's feelings or experiences.

Advanced

A term indicating a higher level of complexity, skill, or understanding in a particular area or field.

Factual Questions

Inquiries that seek definite, verifiable information based on facts and reality.

Elicit Facts

To elicit facts means to obtain or draw out information or details, usually through questioning or investigation, that are factual and verifiable.