Which of the Following Is Not a Characteristic of Relevant

question 126

Multiple Choice

Which of the following is not a characteristic of relevant costing information? It is

• A)associated with the decision under consideration.
• B)significant to the decision maker.
• C)readily quantifiable.
• D)related to a future endeavor.

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Definitions:

Significant Degree

A high level or extent of importance or impact that an element or factor has in a particular context.

Inter-Entity Transactions

Transactions that occur between different entities within the same group, needing to be eliminated during consolidation to avoid double counting.

Foreign Exchange Gain

A profit resulting from changes in the exchange rate between the base currency used by a company and the foreign currencies in which it transacts.