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:

Arm

A limb extending from the shoulder to the hand, comprising the upper arm, elbow, forearm, and wrist.

Unsuccessful attempts

Efforts made to achieve a goal that do not result in success.

Blood sample

A blood sample is a small quantity of blood taken from the body, typically used for laboratory testing or analysis.

Supervisor

A person with the authority to oversee and direct the work of others, ensuring tasks are completed effectively and efficiently.