Examlex
The basic premise of ____ is that the consequences of a behaviour determine the likelihood of the behaviour being repeated in the future.
Understandability
It refers to the quality of financial information that enables users to perceive its significance.
Relevance
The importance or usefulness of information for decision-making purposes in various contexts.
Decision Usefulness
The quality of financial information that makes it valuable for users in making informed decisions.
Revenue Recognition
The accounting principle that determines the specific conditions under which revenue is recognized as earned.
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