Under the Conceptual Framework,the qualitative characteristic of relevance is described as information that:
A) is of value to users in decision making.
B) is material.
C) can be recorded in accounting reports.
D) can be reliably measured.

Question

Quizplus · Accepted Answer

Relevance refers to the capacity of information to make a difference in decision-making by users.

Under the Conceptual Framework,the Qualitative Characteristic of Relevance Is Described