Which of the Following Is Not a Key Point of the Framework

question 27

Multiple Choice

Which of the following is not a key point of the Framework?

• A) Relevance and faithful representation are the primary qualitative characteristics that financial information should possess.
• B) Consistency should not be an end in itself.
• C) The concept of prudence should always take precedence over reliability.
• D) Financial information may lose its relevance if there is undue delay in reporting it.

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Definitions:

Error Signal

A signal proportional to the difference between the actual output and the desired output.

Fuzzy Logic PID Controller

A Fuzzy Logic PID Controller is a control system that combines fuzzy logic with the traditional Proportional-Integral-Derivative (PID) control strategy to manage complex dynamic systems.

Feedback Input

In control systems, this is an input derived from the output of the system itself, used to adjust or control the system.