_____ means that the information is pertinent to the decisions of users of financial reports, in the sense that the information can make a difference in those decisions
a. Conservatism
b. Realization
c. Recognition
d. Relevance
e. Reliability
D
You might also like to view...
Describe the different phases of strategic partnerships.
What will be an ideal response?
According to David Novak, Chairman, CEO, and President of Yum Brands, what is the best way to give feedback??
A) Start with the most negative information first. B) Start by identifying what is being done well. C) Include transition words such as "and" or "but". D) Mix negative feedback between positive feedback. E) Start with the most positive comments first.
Which statement best describes business etiquette?
A) It is a polite ritual reflecting power and subordination. B) It deals with the interaction between people. C) It is consistent with social etiquette. D) It ensures that peers are addressed with proper respect.
If a company wishes to prosecute people or companies that steal its trade secrets, it must take ________ precautions to protect those trade secrets
A) at least some B) reasonable C) extensive D) no (Trade secret protection is automatic under the law.)