For Accounting Information to Have Relevance, It Must Be

question 188

Multiple Choice

For accounting information to have relevance, it must be

• A)consistent.
• B)timely.
• C)verifiable.
• D)understandable.

---

Definitions:

Political Affiliation

An individual's alignment or support for a particular political party or ideology.

Electrical Connectors

Devices that join electrical circuits together, allowing electricity to flow from one element to another.

Supplier B

A reference to an unnamed second supplier in a given context, possibly in comparison to other suppliers.

Defective

Referring to a product or item that has a flaw or fault that prevents it from functioning correctly or as intended.