Multiple Choice
Which of the following statements is FALSE?
A) Financial accounting information only serves a purpose if it is useful for decision making.
B) Information quality is the suitability of information for a particular purpose in a specific task.
C) Understandability and timeliness of data has a higher priority than relevance.
D) Relevance of information carries more priority than consistency and verifiability.
Correct Answer:
Verified
Correct Answer:
Verified
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