For Accounting Information to Be Relevant, It Must Have Which

question 98

Multiple Choice

For accounting information to be relevant, it must have which of the following characteristics?

• A) Predictive value or confirmatory value.
• B) Large in amount and timely.
• C) Comparability or consistency.
• D) Freedom from material error, neutrality, or completeness.

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Definitions:

Specific Factor

A particular element or aspect that contributes to a result or situation.

Persuasive Messages

Communications designed to influence the attitudes, beliefs, or actions of others through argument, reasoning, or appeal.

Jargon

Specialized language used in particular professional or group contexts that may not be understood by outsiders.

Vivid Language

Descriptive and colorful language that helps to paint a detailed picture in the reader's or listener's mind.