menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 17
  4. Exam
    Exam 1: A Framework for Financial Accounting
  5. Question
    For Accounting Information to Be Relevant,it Should Possess Which of the Following
Solved

For Accounting Information to Be Relevant,it Should Possess Which of the Following

Question 167

Question 167

Multiple Choice

For accounting information to be relevant,it should possess which of the following characteristics?


A) Predictive value,confirmatory value,and/or materiality.
B) Large in amount and timely.
C) Comparability or consistency.
D) Verifiability.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: Investors and creditors rely heavily on financial

Q128: The assumption that a business will continue

Q163: Materiality is based upon which factor(s)?<br>A)Timeliness of

Q164: Thomason Financial has the following cash transactions

Q165: What is the primary purpose of financial

Q166: Accountants are responsible for measuring various operating,investing

Q169: Consider the following account balances of the

Q170: Which statement below best describes the accounting

Q171: Which financial accounting number impacts stock prices

Q172: The financial statement(s)that record activity over an

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines