Which One of the Following Statements Is Not True

Multiple Choice

Which one of the following statements is not true?

A) Information should only be presented if the costs of obtaining that information exceed the benefits of providing it.
B) Information is material if omitting it or misstating it could influence decisions that…users…make on the basis of…financial information about a specific reporting entity.
C) To help users understand information presented, that information should be classified, characterized and presented clearly.
D) Where information is not comparable, similarities and differences will not be readily apparent.