Which of the Following Is a Characteristic of Financial Information

question 9

Multiple Choice

Which of the following is a characteristic of financial information as suggested by the American Accounting Association?

• A) Faithful Representation
• B) Reliability
• C) Relevance
• D) Consistency

---

Definitions:

Nonverbal

Communication conveyed through body language, facial expressions, gestures, and other physical means rather than verbal speech.

Superior

Higher in rank, quality, or importance; often used to describe someone or something that excels compared to others.

Declarative

Pertaining to a statement or expression that makes a statement or assertion, conveying information.

Conditional

Depending on specific conditions or stipulations to be met before something else can occur or be considered true.