Relevance is an objective of external financial reporting that means: A. the financial reports of...
80.2K
Verified Solution
Question
Accounting
Relevance is an objective of external financial reporting that means:
A. the financial reports of a business are assumed to include the results of only that business's activities.
B. financial information can be compared across businesses because similar accounting methods have been applied.
C. the financial information possesses a feature that allows it to influence a decision.
D. the financial information depicts the economic substance of business activities.
I thought it was A but it was wrong.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.