The Main Qualities of Accounting Information That Make Accounting Information

question 116

Multiple Choice

The main qualities of accounting information that make accounting information useful for decision making are ________ and ________.

• A) relevance; reliability
• B) relevance; comparability
• C) consistency; comparability
• D) relevance; faithful representation

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Definitions:

Negative Punishment

A behavior modification method where something desirable is removed to decrease the likelihood of a particular behavior occurring again.

Positive Punishment

A methodology in behaviorism where an undesirable outcome follows an unwanted behavior, with the aim of decreasing the frequency of that behavior.

Remove a Stimulus

Refers to the process of eliminating a particular stimulus, which can affect behavior by decreasing the likelihood of a conditioned response.

Cognitive Theorist

A psychologist who studies how we encode, process, store, and retrieve information, and how this process affects our behavior.