According to the FASB's conceptual framework, predictive value is an ingredient of

$\underline{\text{ Relevance}}$ $~~~~~~~~$ $\underline{\text{Reliability }}$
A) Yes $~~~~~~~~$ $~~~~~~~~~$ No
B) Yes$~~~~~~~~$ $~~~~~~~~~~$ Yes
C) No$~~~~~~~~$ $~~~~~ ~~~~~~$ Yes
D) No$~~~~~~~~$ $~~~~~~~~~~$ No

Question

According to the FASB's conceptual framework, predictive value is an ingredient of

$\underline{\text{  Relevance}}$ $~~~~~~~~$  $\underline{\text{Reliability    }}$
A) Yes $~~~~~~~~$ $~~~~~~~~~$  No
B) Yes$~~~~~~~~$ $~~~~~~~~~~$ Yes
C) No$~~~~~~~~$ $~~~~~ ~~~~~~$  Yes 
D) No$~~~~~~~~$ $~~~~~~~~~~$ No

Quizplus · Accepted Answer

The Answer of According to the FASB's conceptual framework, predictive value is an ingredient of

$\underline{\text{  Relevance}}$ $~~~~~~~~$  $\underline{\text{Reliability    }}$
A) Yes $~~~~~~~~$ $~~~~~~~~~$  No
B) Yes$~~~~~~~~$ $~~~~~~~~~~$ Yes
C) No$~~~~~~~~$ $~~~~~ ~~~~~~$  Yes 
D) No$~~~~~~~~$ $~~~~~~~~~~$ No

According to the FASB's Conceptual Framework, Predictive Value Is an Ingredient