Financial information capable of making a difference in a decision is
A)relevant.
B)verifiable.
C)consistent.
D)neutral.

Question

Quizplus · Accepted Answer

Relevant information is directly related to the decision being made, and is therefore capable of making a difference in the decision. Verifiable and consistent information may also be important, but relevance is the most critical factor in determining whether financial information is useful in decision-making. Neutral information may be desirable, but is not necessary for information to be relevant.

Financial Information Capable of Making a Difference in a Decision