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7 years ago
Regarding relevant nonfinancial information, which of the following statements is incorrect?
A) Managers must always consider the potential quantitative and qualitative effects of their decisions.
B) Nonfinancial, or qualitative, factors play a role in managers' decisions and, as a result, can be relevant.
C) Qualitative factors can be ignored because these factors are difficult to measure.
D) Relevant qualitative information has the same characteristics as relevant financial information.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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7 years ago
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7 years ago
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