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 in accounting information helps users make informed predictions about future events, aiding in decision-making processes.

If Accounting Information Has Predictive Value, It Will Help Users