Which One of the Following Is Not a Qualitative Characteristic

question 134

Multiple Choice

Which one of the following is not a qualitative characteristic of useful accounting information?

• A)Relevance
• B)Verifiability
• C)Going concern
• D)Comparability

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Definitions:

Incentive Pay Plan

A compensation strategy that rewards employees for meeting or exceeding performance targets.

Confidence Interval

Range or interval of values with a stated probability of containing an unknown population parameter.

Mean

The mean is the average of a data set, calculated by adding all the numbers together and then dividing by the count of those numbers.

Confidence Limits

Lower and upper boundaries of a confidence interval.