Accounting Information Should Make a Difference to the Outcome of a Decision,according

question 88

Multiple Choice

Accounting information should make a difference to the outcome of a decision,according to the qualitative characteristic of

• A)faithful representation.
• B)relevance.
• C)consistency.
• D)understandability.

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Definitions:

Credentialed Public Accountant

A licensed accounting professional who has met certain education and experience requirements and passed a qualifying exam.

Professional Accountant

An individual who is certified to practice accounting and is held to a set of standards by a regulatory body.