If Financial Information Is Relevant, This Means That

question 208

Multiple Choice

If financial information is relevant, this means that

• A)The information is prepared using the same accounting procedures from one accounting period to the next.
• B)Decision makers can depend on it.
• C)The financial statements have not been prepared according to GAAP.
• D)Users are able to compare different companies, if all the companies use similar accounting practices.
• E)It can affect the types of decisions made by users.

---

Definitions:

Genomes

The complete set of genes or genetic material present in a cell or organism.

Allelic Variant

A version of a gene at the same locus (position) on a chromosome that differs in sequence or expression from other versions.

Polymorphism

The occurrence of two or more clearly different morphs or forms, also referred to as alternative phenotypes, in the population of a species.

Mutated Allele

A variant form of a gene that has undergone a mutation, leading to changes in the gene's DNA sequence which may affect the organism's traits.