Which of the Following Statements Is False

question 21

Multiple Choice

Which of the following statements is false?

• A)An item considered immaterial can be accounted for in the most cost-beneficial manner.
• B)An item is considered relevant if it has the ability to influence a decision.
• C)Information is considered to be reliable when it is accurate, unbiased, and verifiable.
• D)Conservatism suggests that assets and revenues should be overstated when possible.

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Definitions:

Inorganic Compound

A chemical compound that lacks carbon-hydrogen bonds, typical of non-living chemical systems.

Organic Compound

A chemical compound containing carbon atoms bonded to other elements like hydrogen, oxygen, or nitrogen, fundamental to life on Earth.

Nonionic Compound

A chemical compound that does not ionize in water, exhibiting no electric charge.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.