The GASB indicates that the information in an SEA report should have relevance.If it does, then users can be sure that
A)The information is free from bias.
B)The information is consistent with information reported in financial statements.
C)The information helps users assess the organization's objectives.
D)Even the quantitative information is understandable.

Question

Quizplus · Accepted Answer

Relevance means that the information provided in the SEA report helps users in assessing the organization's objectives. Therefore, choice C is the correct answer. The other options are not necessarily true based on relevance alone. Bias and consistency are not directly related to relevance, and understandability is not always guaranteed even with relevant information.

The GASB Indicates That the Information in an SEA Report