Relevant accounting information
A) is information that has been audited.
B) must be reported within the operating cycle or one year whichever is longer.
C) has been objectively determined.
D) is information that is capable of making a difference in a business decision.

Question

Quizplus · Accepted Answer

Relevant accounting information is information that is capable of making a difference in a business decision. It may or may not have been audited, and there is no specific time frame for when it must be reported. However, it must be objectively determined and based on reliable sources.

Relevant Accounting Information