The two principle ingredients of relevance specified by the Framework are:
A) confirmation and reliability
B) confirmation and prediction
C) accountability and stewardship
D) reliability and prediction
Correct Answer:
Verified
Q4: The constraint(s)on relevant,reliable,material,understandable and comparable information is/are:
A)
Q4: The key characteristic used by the Framework
Q5: SAC3 arranges the qualitative characteristics in three
Q6: Attributes of relevant information include:
A) a faithful
Q7: Under the Framework,a transport company does not
Q8: Under the framework financial information that assists
Q9: Which of these statements is correct?
A) Simplified
Q9: The Framework defines assets as:
A) resources controlled
Q12: In 1980 the FASB issued SFAC2,'Qualitative Characteristics
Q29: The Framework definition of revenue (income)differs in
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