[Solved] Regarding Relevant Nonfinancial Information,which of the Following Statements Is Incorrect? A)nonfinancial,or
Regarding relevant nonfinancial information,which of the following statements is incorrect?
A)Nonfinancial,or qualitative,factors play a role in managers' decisions and,as a result,can be relevant.
B)Relevant qualitative information has the same characteristics as relevant financial information.
C)Managers must always consider the potential quantitative and qualitative effects of their decisions.
D)Qualitative factors can be ignored because these factors are difficult to measure.