A characteristic of irrelevant information is that it differs between the alternatives. the information is the same

Fantastic news! We've Found the answer you've been seeking!

Question:

A characteristic of irrelevant information is that

it differs between the alternatives.

the information is the same among the alternatives.

differences will occur in the future.

differences among the alternatives must have occurred in the past and must occur in the future

Related Book For answer-question

International Financial Reporting Standards An Introduction

ISBN: 978-1133187943

3rd Edition

Authors: Belverd E. Needles, Marian Powers

See More Books

Posted Date: Jan 15, 2021 12:14 AM

See More Questions

Assume that the Michael Scott Paper Company is trying to reconstruct lost data on production costs. Using your understanding of fixed, variable, and marginal costs, provide the missing data in the...
Among fatal plane crashes that occurred during the past 60 years, 650 were due to pilot error, 78 were due to other human error, 156 were due to weather, 286 were due to mechanical problems, and 117...
Among the differences between U.S. GAAP and IFRS listed in this section, which two do you feel the most difficult to reconcile and why?
2. For every $1.00 spent on Advertising, the Industry generates $10.00 in Net Sales. You calculate Living Earth's Advertising relationship to Net Sales (show work) and report your comparison of...
HgO decomposes when exposed to heat: 2HgO(s) ( 2Hg() + O2(g)H = 181.6 kJ What mass of O2 can be made with 100.0 kJ?
You are analyzing a project and have gathered the following data: Year Cash flow 0 ...... -$ 175,000 1 ...... $ 47,200 2 ...... $ 86,300 3 ...... $ 46,000 4 ...... $ 40,700 Required payback period...
Show that during the early part of the electron-positron annihilation era, the ratio of the electron number density to the photon number density scaled with temperature as \[\frac{n_{-}}{n_{\gamma}}...
Presented below are the captions of Nikos Companys balance sheet. (a) Current assets. (b) Investments. (c) Property, plant, and equipment. (d) Intangible assets . (e) Other assets. (f) Current...
Suppose carpet for a 12 ft by 10 ft room costs $400. Find the cost to carpet a room 36 ft by 30 ft. The cost to carpet the room is $
Complete Form 941 for the 4th quarter for TCLH Industries (which is located at 202 Whitmore Avenue, Durham, NC 27701; Employer Identification #44-4444444). Assume that all necessary deposits were...
John Student has just bought 250 shares in a hi-tech stock that is currently valued at $60 per share. Financial analysis indicates that the expected return on the stock is 15% and the volatility is...
2. ABC mutual fund has the following portfolio (named A) of options: 5727 OPTION Call Call Put Call (1) 2 iii) POSITION (No. Of Options Held) -1500 -1000 -3000 -1000 The following options are also...
Which group approves the Official Guidelines for Coding and Reporting?
Your investment strategy is to maximize expected return but with a risk level (standard deviation) that does not exceed 15%. Since you are a CAPM believer you hold a combination of the market...
Goran owns a medical clinic that has a cost of capital of 15.73 percent. The medical clinic is expected to produce annual cash flows of 65,967 dollars for 5 years. The first annual cash flow of...
A 0.30T magnetic field points in the axis. A 1.5 C charge enters the region with a speed of 4.0m/s making a 30, degree angle with the x-axis. What is the magnitude of the force experienced by the...
Following Question contains multiple parts. Make sure to answer all the Questions by marking answer with correct part number. 1. Creates users named 'mainuser' with password 'Secret! (1 Mark) 2....
What is the mode?
Class or group discussion: Define the concepts of conservatism under U.S. GAAP and prudence under IFRS. How are they similar and how are they different? Do they represent a significant difference...
What is the difference between understandability and relevance?
Why is fair value critical to U.S. GAAP and IFRS and how do they differ in the application of fair value?
Illiterate workers can suffer from embarrassment and fear that keeps them from admitting their problem. Instead, they may cope by asking questions, observing others, and relying on informal...
Your company wants to introduce a series of new policies and procedures covering all interactions with external stakeholders. There is a need to ensure that all employees are trained in the same and...
Your distribution company operates in several remote locations around the world. Annually, there is an opportunity for regional managers to meet with their counterparts for a weeks training and...

A characteristic of irrelevant information is that it differs between the alternatives. the information is the same

Question:

Expert Answer:

Answer with Explanation The information is the same among the alternatives R... View the full answer

International Financial Reporting Standards An Introduction

Students also viewed these accounting questions