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  2. Topic
    Business
  3. Study Set
    Understanding Australian Accounting Standards
  4. Exam
    Exam 1: Accounting Regulation and the Conceptual Framework
  5. Question
    Information Is Considered Material If
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Information Is Considered Material If

Question 2

Question 2

Multiple Choice

Information is considered material if:


A) it has predictive value.
B) its omission or misstatement could influence users' decision-making.
C) it includes all information necessary for faithful representation.
D) it is free from errors.

Correct Answer:

verifed

Verified

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