Jones,Inc. ,a manufacturer of tires,has given you its most recent annual report in an effort to obtain a sizable loan.The company is very profitable and appears to have a sound financial position.Based on a report presented on prime-time television last night,you are aware that Jones is a defendant in several lawsuits related to its defective tires that cause vehicles to overturn.The information presented on television is an example of financial information that is
A) relevant.
B) consistent.
C) predictable.
D) comparable.
Correct Answer:
Verified
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