If accounting information has predictive value, it will help users
A)prepare for future Canada Revenue Agency audits.
B)make predictions about future events.
C)make predictions about foreign currency exchange rates.
D)confirm or correct previous predictions or expectations.

Question

Quizplus · Accepted Answer

Predictive value means that accounting information can be used to make predictions about future events.

If Accounting Information Has Predictive Value, It Will Help Users