Which Test Determines If an Item of Accounting Information Is

question 65

Multiple Choice

Which test determines if an item of accounting information is worthwhile collecting?

• A)Cost test
• B)Cost/benefit test
• C)Worthwhile test
• D)Validation test

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Definitions:

Minutes

Written records of the proceedings and decisions made during formal meetings.

REM Sleep

A phase of sleep characterized by rapid eye movements, during which dreaming often occurs and brain activity closely resembles that of being awake.

Minutes

The official written record of the proceedings and decisions made during a meeting.

Periods

Distinct spans of time marked by specific events, conditions, or characteristics.