Question: Accounting information is considered to be relevant when it is understandable by reasonably informed users of accounting information is verifiable and neutral can be depended

by reasonably informed users of accounting information is verifiable and neutral can

Accounting information is considered to be relevant when it is understandable by reasonably informed users of accounting information is verifiable and neutral can be depended on to represent the economic conditions and events that it is intended to represent. O is capable of making a difference in a decision According to Statement of Financial Accounting Concepts No. 8, completeness is an ingredient of the fundamental quality(ies) of: Relevance Faithful Representation O No No O No Yes o Yes No o Yes Yes

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