Information Evaluation Criteria - Bumble Beasley Took Two Introductory Accounting

question 36

Essay

Information evaluation criteria - Bumble Beasley took two introductory accounting courses as part of his college degree; his major was engineering. He started his own engineering consulting company and later published an article in an engineering journal titled "The Relationship between Engineering and the FASB Conceptual Framework." The article, which contained no references to other documents, discussed five elements of financial statements and referred readers to Bumble's web site. His web site featured an "under construction" icon; its primary purpose was to obtain consulting clients for Bumble's firm.
Based on the preceding scenario, identify one phrase/sentence that violates each of the following criteria for evaluating information. For example, "discussed five elements of financial statements" violates the "accuracy" criterion since the conceptual framework discusses eight elements. $$\begin{array} { | l |l| } \hline \text { Authority } &\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\\\hline \text { Accuracy } \\\hline \text { Objectivity } \\\hline \text { Currency } \\\hline \text { Coverage } \\\hline\end{array}$$

---

Definitions:

Autonomy

The capacity and right of individuals to make their own decisions and govern themselves independently.

Initiative

The ability to assess and initiate things independently, often leading to the undertaking of new projects or actions.

Perceptual Development

Refers to the process by which individuals learn to make sense of sensory input, allowing them to interpret and understand the world around them.

Fixation Time

The amount of time spent looking at a visual stimulus.