For information to be relevant, it has to possess: O A. Only predictive value O B. Only confirmative value OC. Both predictive and confirmatory value O D. Either predictive or confirmatory value, or both

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 19CYBK
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For information to be relevant, it has to possess:
O A. Only predictive value
O B. Only confirmative value
O C. Both predictive and confirmatory value
O D. Either predictive or confirmatory value, or both
Transcribed Image Text:For information to be relevant, it has to possess: O A. Only predictive value O B. Only confirmative value O C. Both predictive and confirmatory value O D. Either predictive or confirmatory value, or both
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