A. Increase goal conflicts among subsystems
B. Eliminate duplicate recording, storage, reporting, and other processing activities in an
organization
C. Promote goal congruence with strategic objectives and among subsystems
D. Align subsystems to support the business as its advances its mission
2. Which of the following is a characteristic of the relevance qualitative characcteristic of useful
infomation?
A. Feedback value
B. Free from error
C. Completeness
D. Neutral
3. Which of the following is a characteristic of the faithful representation qualitative
characcteristic of useful infomation?
A. Feedback value
B. Predictive Value
C. Materiality
D. Free from bias (neutral)
4. A faithful representation must report what it purports to report. This feature is commonly
refered to as the concept of:
A. Economic Substance over Legal Form
B. Legal Form over Substance
C. Conservaitism
D. Understandability of Information
5. The need for estimates in accounting is necessitated primarily because of the enhancing
feature of useful information called:
A. Completeness
B. Timeliness
C. Verfiability
D. Understandability.
A. Increase goal conflicts among subsystemsB. Eliminate duplicate .pdf
1. A. Increase goal conflicts among subsystems
B. Eliminate duplicate recording, storage, reporting, and other processing activities in an
organization
C. Promote goal congruence with strategic objectives and among subsystems
D. Align subsystems to support the business as its advances its mission
2. Which of the following is a characteristic of the relevance qualitative characcteristic of useful
infomation?
A. Feedback value
B. Free from error
C. Completeness
D. Neutral
3. Which of the following is a characteristic of the faithful representation qualitative
characcteristic of useful infomation?
A. Feedback value
B. Predictive Value
C. Materiality
D. Free from bias (neutral)
4. A faithful representation must report what it purports to report. This feature is commonly
refered to as the concept of:
A. Economic Substance over Legal Form
B. Legal Form over Substance
C. Conservaitism
D. Understandability of Information
5. The need for estimates in accounting is necessitated primarily because of the enhancing
feature of useful information called:
A. Completeness
B. Timeliness
C. Verfiability
D. Understandability
