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:

Latino

People from, or with ancestry in, Latin America, often used interchangeably with Hispanic.

African-American

A term referring to Americans of African descent, particularly those whose ancestors were enslaved and brought to the United States.

DSM-5

A crucial reference for healthcare providers, the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, provides comprehensive direction on diagnosing mental illnesses.

Bulimia Nervosa

An eating disorder marked by binge eating followed by methods to avoid weight gain, such as vomiting.