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    Business
  3. Study Set
    Accounting Theory
  4. Exam
    Exam 5: Postulates, Principles, and Concepts
  5. Question
    _________ Refers to the Importance of an Item to Financial
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_________ Refers to the Importance of an Item to Financial

Question 43

Question 43

Multiple Choice

_________ refers to the importance of an item to financial statement users in terms of its relevance to decision-making.


A) Comparability
B) Materiality
C) Consistency
D) Objectivity

Correct Answer:

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