Information that has been determined based on the best information available using the correct process and with an adequate explanation provided is an example of which fundamental characteristic?
A)neutral
B)faithful representation
C)timeliness
D)verifiability

Question

Quizplus · Accepted Answer

Faithful representation requires that information is complete, free from material error, and presented in a clear and understandable manner. Adequate explanation is necessary to ensure that the information is understandable to users. The other options, neutral, timeliness, and verifiability are also important fundamental characteristics, but do not fully encompass the given scenario.

Information That Has Been Determined Based on the Best Information