Identify the Appropriate Qualitative Characteristic Employed in the Following Information

question 22

Multiple Choice

Identify the appropriate qualitative characteristic employed in the following information provided.
Predictive value is a primary quality of this information.
This information is free from material error and bias.
Companies in the same industry employ the same accounting principles.

• A)relevance,reliability,consistency.
• B)reliability,relevance,comparability.
• C)reliability,relevance,consistency.
• D)relevance,reliability,comparability.
• E)None of the given answers.

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Definitions:

Industrial Advertising

Advertising targeted at individuals and organizations involved in manufacturing or business operations, rather than the general consumer.

Markup on Selling Price

The amount added to the cost price of goods to cover overhead and profit; the difference between the selling price and the product's cost.

Channel of Distribution

The path or process through which goods and services travel from the producer or provider to the end user or customer.

Wholesaler's Markup

The percentage added to the cost of goods by wholesalers when they sell to retailers, to cover costs and generate profit.