Which of the Following Actions Best Describes the Qualitative Characteristic

question 63

Multiple Choice

Which of the following actions best describes the qualitative characteristic 'relevance'?

• A) The financial report of KMC Ltd was audited by one of the Big 4 four accounting firms.
• B) DGC omitted a sales transaction equal to 10.5% of its accounts receivable.
• C) MCB Ltd and DGC Ltd both use accelerated depreciation method.
• D) GEP Ltd did not revalue its intangible assets because it was difficult to obtain the fair value of the assets.

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Definitions:

Discrimination

The active denial of full benefits of organizational membership to members of certain groups.

Job Relevant

Pertaining to or directly related to the requirements or responsibilities of a specific job.

Criminal Conviction

A legal declaration that someone is guilty of a criminal offense, typically following a trial or plea agreement.

Political Belief

An individual's convictions or opinions about political strategies, policies, and leaders, often shaped by personal values and social influences.