Which Field of Accounting Emphasizes Relevancy Over Comparability

question 13

Multiple Choice

Which field of accounting emphasizes relevancy over comparability?

• A)Cost accounting
• B)Financial accounting
• C)Responsibility accounting
• D)International accounting

---

Definitions:

Portability Problem

Challenges that arise when a product or solution cannot easily be transferred from one environment or system to another.

Pension Benefits

The regular payments made to a retired or disabled employee, often based on salary and years of service.

Defined Benefit Plans

Pension plans in which retirement benefits are set according to a fixed formula.

Endowment Funds

Organizations chartered to invest money for usually tax-exempt institutions.