Which of the Following Statements Is not True

question 157

Multiple Choice

Which of the following statements is not true?

• A)Comparability means using the same accounting principles from year to year within a company.
• B)Faithful representation is the quality of information that gives assurance that it is free of error.
• C)Relevant accounting information must be capable of making a difference in the decision.
• D)The primary objective of financial reporting is to provide financial information that is useful to investors and creditors for making decisions.

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Definitions:

Interspinales

Muscles located between the spinous processes of the vertebrae, contributing to spinal stability and movement.

Multifidus

The multifidus is a deep muscle of the back that stabilizes the vertebrae during movement and helps maintain proper posture.

Psoas Minor

A slender muscle of the human body, located anterior to the psoas major muscle, that plays a role in flexing the lumbar region of the vertebral column.

Trapezius

A large, triangular muscle extending over the back of the neck and shoulders, involved in moving, rotating, and stabilizing the scapula and extending the neck.