Under Statement of Financial Accounting Concepts No

question 21

Multiple Choice

Under Statement of Financial Accounting Concepts No.8,which of the following is an ingredient of the primary quality of relevance?

• A)Neutrality
• B)Completeness
• C)Understandability
• D)Verifiability

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Definitions:

Ohms

The standard unit of electrical resistance in the International System of Units (SI), symbolizing the resistance between two points of a conductor.

Amps

A unit of electric current in the International System of Units (SI), short for amperes.

Volts

Volts are the unit of electric potential and electric potential difference in the International System of Units (SI), indicating the force that drives electric current between two points.

Parallel Circuit

In electricity, any circuit that has two or more paths for current flow.