Which of the following is the most important consideration in ensuring that information is relevant for decision making?
A) A high degree of accuracy
B) Timeliness
C) Accrual basis
D) Materiality

Question

Quizplus · Accepted Answer

Timeliness is the most important consideration in ensuring that information is relevant for decision making. Information that is not timely may be useless or even detrimental to the decision-making process. Accuracy, accrual basis, and materiality are also important considerations, but they are secondary to timeliness.

Which of the Following Is the Most Important Consideration in Ensuring