The qualitative characteristics describe the attributes that enhance the usefulness of financial reporting information. The FASB's conceptual framework sets forth the qualitative characteristic of _____ envisions that the nature of the information is relevant and that its effect is large enough to influence a decision. As standard setters make decisions about financial reporting standards, they
consider the costs and benefits of those standards. They assess whether the benefits to users of financial reports from a particular financial reporting requirement exceed the costs of providing the information.
a. relevance
b. reliability
c. comparability
d. materiality
e. understandability
D
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Emotional appeals
A) have no place in persuasive business messages. B) can help audiences care enough to respond positively to your persuasive message. C) often backfire, and should be used only when addressing internal audiences. D) are usually sufficient, on their own, to convince the audience to make important decisions. E) are most effective in persuasive messages designed for international audiences.
The number of times interest expense is earned is computed as
a. net income plus interest expense, divided by interest expense b. income before income tax plus interest expense, divided by interest expense c. net income divided by interest expense d. income before income tax divided by interest expense
In the ____ stage of team development, team members now begin to test the limits and flexibility of the project manager and the ground rules
a. forming b. norming c. storming d. performing
If the output is to be restricted based upon a group function, a(n) ____ clause must be included in the SQL statement
a. GROUP BY b. WHERE c. HAVING d. ORDER BY