Under the Conceptual Framework's qualitative characteristics, information that is able to influence economic decision making is described as:
A) verifiable.
B) relevant.
C) understandable.
D) material.

Question

Quizplus · Accepted Answer

Relevant information is capable of making a difference in the decisions made by users by helping them evaluate past, present, or future events or confirming, or correcting, their past evaluations.

Under the Conceptual Framework's Qualitative Characteristics, Information That Is Able