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Which One of the Following Statements Most Accurately Describes the Fundamental

Question 1

Multiple Choice

Which one of the following statements most accurately describes the fundamental qualitative characteristic of relevance?


A) Information that not only represents relevant economic phenomena but also faithfully represents the phenomena that it purports to represent.
B) Information that is comparable over time.
C) Information that is capable of making a difference in the decisions made by users.
D) Information that is available to users in time for it to be capable of influencing their decisions.

Correct Answer:

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