According to the IASB Framework,accounting Information Should Meet All of the Following

question 69

Multiple Choice

According to the IASB Framework,accounting information should meet all of the following qualitative characteristics,except:

• A)comparability.
• B)relevance.
• C)reliability.
• D)reasonableness.

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Definitions:

Social Circumstances

The environmental, economic, social, and cultural factors that influence an individual's life and development.

Psychological Factors

Elements of human behavior that influence mental health and wellbeing, including emotions, thoughts, and personality traits.

DSM-IV-TR

The fourth edition, text revision of the Diagnostic and Statistical Manual of Mental Disorders, a guide used by healthcare professionals to diagnose mental disorders.

DSM-IV-TR

The fourth edition, text revision, of the Diagnostic and Statistical Manual of Mental Disorders, a guide for diagnosing mental disorders.