The characteristic of information that evaluates whether omitting or misstating an item could influence the decision of
Question:
The characteristic of information that evaluates whether omitting or misstating an item could influence the decision of a financial statement user.
a. Comparability.
b. Materiality.
c. Cost.
d. Consistency.
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b Materiality evaluates whether o...View the full answer
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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