Which of the Following Is the True Statement

question 32

Multiple Choice

Which of the following is the true statement?

• A) Accounting information for decision making is concerned with the past.
• B) Internal and external users of accounting information generally require similar information.
• C) Non-accounting information is always more important in decision making than accounting information.
• D) Accountants are heavily involved in the budgeting process for a business entity.

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Definitions:

Chromosomal Abnormality

A condition caused by the alteration in the number or structure of chromosomes, which can lead to genetic disorders or developmental abnormalities.

Down Syndrome

The best-known chromosomal abnormality associated with intellectual disability.

Trisomy 21

A genetic disorder also known as Down syndrome, caused by the presence of all or part of a third copy of chromosome 21.

Cloak of Competence

A term describing situations where an individual with cognitive or developmental disabilities appears to function at a higher level than actually is the case, masking potential deficits.