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- Information that has the ability to make a difference in the decision-making process is known to possess this quality? relevance verifiability understandability faithful representationMatch each of the components of relevance with its definition. Relevance Definitions 1 . Confirmatory value 2 . Predictive value 3 . Materiality a. Information is useful in helping to forecast future outcomes. b. Information provides feedback on past activities. c. The nature or amount of an item has the ability to affect decisions.Which one of the following qualities is most concerned with influencing users' decisions concerning the prediction of future events and the confirmation of past events? O A. Faithful representation OB. Understandability OC. Verifiability OD. Relevance (...)
- Which qualitative characteristic is an ingredient of relevance? a. Verifiability b. Timeliness c. Neutrality d. Representational FaithfulnessWhich of the following is NOT a characteristic of effective information? a. relevance b. accuracy c. summarization d. precisionWhich of the following are characteristics that should be present in Criteria, which are benchmarks used to evaluate or measure the subject matter. I. Understandable II. Reliable III. Comparable Group of answer choices: I and II only I, II, and III I and III only II and III only
- To be useful, information must have which of the following fundamental qualitativecharacteristics?a. Relevance and faithful representationb. Timeliness and affordabilityc. Expediency and relevanced. Faithful representation and diversityAn information which provides feedback about previous evaluations is regarded as having. a. Futuristic value b. Predictive value c. Confirmatory value d. Relevant valueWhich of the following is not a factor involved in communicating useful information? a) Process by which the information is analyzed b) Attributes of the users c) Purpose for which the information will be used d) All of the other answers are factors.
- 65. Which of the following is an enhancing qualitative characteristic? Group of answer choices Relevance Comparability Consistency Faithful RepresentationAt which step or steps in the decision-making process do qualitative considerations generally have the greatest impact?a. Specifying the criterion and identifying the alternatives. b. Developing a decision model. c. Collecting the data. d. Making a decision. e. Identifying the alternativesM. What is meant by perspective getting? How does note-taking improve perspective-getting?