In order for accounting information to be relevant, it must
A) have very little cost.
B) help predict future events or confirm prior expectations.
C) be verifiable.
D) be used by a lot of different organizations.

Question

Quizplus · Accepted Answer

Relevant accounting information should help users make predictions about future events or confirm or correct prior expectations, thus aiding in decision-making.

In Order for Accounting Information to Be Relevant, It Must