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Primecoat Could Get Its Annual Financial Statements Two Days Earlier

Question 73

Multiple Choice

Primecoat could get its annual financial statements two days earlier if it shifted substantial human resources from other operations to the annual report project. Management decided the value of the earlier report was not worth the added commitment of resources. The concept demonstrated is:


A) Timeliness.
B) Materiality.
C) Relevance.
D) Cost effectiveness.

Correct Answer:

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