Question: Materiality and relevance are both defined by A. The perceived benefits to be denied that exceed the perceived costs associated with it. B. Quantitative criteria

Materiality and relevance are both defined by
A. The perceived benefits to be denied that exceed the perceived costs associated with it.
B. Quantitative criteria set by the Financial Accounting Standards Board.
C. The consistency in the application of methods over time.
D. What influences or makes a difference to a decision maker.

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