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Andrew [12]
3 years ago
11

According to the FASB's conceptual framework, the quality of information that helps users increase the likelihood of correctly f

orecasting the outcome of past or present events is called
A. Representational faithfulness.

B. Comparability.

C. Predictive value.

D. Confirmatory value.
Business
1 answer:
Kisachek [45]3 years ago
4 0

Answer:

C. Predictive value.

Explanation:

Relevant information is able to make a difference in user decisions. To do so, it must have predictive value, confirmatory value, or both. Financial information has predictive value if it can be used as an input in a predictive process.

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In Step 1 of developing an EFE​ Matrix, how many opportunities and threats should be included in the full and narrow​ lists, res
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Answer:

Option B. ​100, 20

Explanation:

The full list should not be more than 100 because we would not like to have any opportunity/threat having less than 1% contribution so The sum of percentages should be 100.

At least 20 opportunities and threats should be there in the narrow list.

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3 years ago
Competition between the firms leads to greater marketing expenses. <br><br> a. True<br> b. False
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2 years ago
He allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $640 of accou
dsp73

Answer: <u><em>The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of:  $750</em></u>

Given:

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<em><u></u></em>

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4 0
3 years ago
Which of the following is true of water budgets?
zysi [14]

Answer:

B. In the winter, when water use is low, precipitation exceeds evapotranspiration

Explanation:

A water budget can be seen as the relationship between the inflow and outflow of water through a specified region.  It gives a general Idea of the relationship between the demand and supply of water in that region.

Evapotransipration is the loss of water from the soil through evaporation from the soil and other surfaces and by transpiration from plants, while precipitation refers to  rain, snow, sleet, or hail that falls to the ground.

During winters due to the cold temperatures, the rate of water loss from the soil and from plants is much lower than the amount of precipitation which is on form of snow.

Snow covers most of the soil, freezing the soil water at the surface of the soil, making it difficult for evapotranspiration to occur. In addition to that, most deciduous trees shed their leaves during this period further reducing the total amount of transpiration in that region.

This makes option B correct

3 0
3 years ago
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