What is predictive value?

A$.$ Information has predictive value if decision makers can use it as an input into processes that help $1$ predict future revenues.

B$.$ Information has predictive value if it provides feedback about prior evaluations. For example, financ

C$.$ The concept of predictive value determines the relevance of information. The predictability of an iter identify the specific nature of items that would be considered predictable.

D$.$ Predictive value allows financial statement users to identify and understand similarities and differenc requires estimates, like the useful lives of long$-$lived assets. A company uses predictive values in its its prior year.