Relevance - The information about it is capable of making a difference in user decisions.
Reliability - The information is representationally faithful, verifiable, and neutral.
Measurability - The item has a relevant attribute that is measurable with sufficient reliability.
Definition -The item meets the definition of an element of financial statements.
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Explanation:</u></h3>
The terms that are more important in user specification and the evaluation of the products of any company are the Relevance, measurability, reliability and definition. Relevance refers to the ability of an user to make difference in the decisions. It should be relevant to the product that they decide to purchase and their usability.
The product that we purchase must be reliable to the consumer. Thus, the product must be neutral to any conditions, must be verifiable and also trustworthy. The attribute that is associated with the reliability is the measurablity. The product or any item that satisfies the requirements or the specifications of that item in financial statements refers to the definition of that item.
The correct answer would be : Social Psychology
Basically, social psychology analyze human's behavior as a social animal. Example of subjects that covered in social psychology :
- What is the characteristic that most people perceive as suitable for leadership ?
- How will the point of view of other people affected another people's point of view in a group ?
- Is a single individual's mood could affect the mood of other people in the group and visa versa ?
<span>A recent study has shown that children who are conceived in the winter months up until March in the US are 10% more likely to develop autism than those conceived in other months. The reason might be that there is a greater occurrence of infectious diseases in the winter months which may expose the mother to pathogens.</span>
Answer: b. Denies enforceability to certain contracts that are not in writing
Explanation:
The statute of Fraud advocate for contracts to be in writing to avoid people to being robbed or mislead by a fraudulent party.
