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:

Cohesiveness

Refers to the degree of closeness and solidarity among members of a group.

Group Cohesiveness

The extent to which members of a group feel connected and committed to each other and to the group's objectives.

Threat

A perceived danger or harm that may negatively affect an individual's or organization's well-being.

Role Conflict

A situation where an individual faces incompatible demands from different roles they are expected to fulfill.