Regarding Relevant Nonfinancial Information,which of the Following Statements Is Incorrect

question 36

Multiple Choice

Regarding relevant nonfinancial information,which of the following statements is incorrect?

• A) Nonfinancial, or qualitative, factors play a role in managers' decisions and, as a result, can be relevant.
• B) Relevant qualitative information has the same characteristics as relevant financial information.
• C) Managers must always consider the potential quantitative and qualitative effects of their decisions.
• D) Qualitative factors can be ignored because these factors are difficult to measure.

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Definitions:

Stomach

A muscular organ in the gastrointestinal tract of mammals, responsible for digesting food through a mixture of enzymes and acids.

Small Intestine

A part of the digestive system where most of the digestion and absorption of nutrients takes place.

Liver

A vital organ in vertebrates and some other animals that performs a wide range of functions including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.

Glucose

A primary sugar important for fueling biological processes in living organisms and forming part of many carbs.