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Information that is relevant to that particular topic, for example;
- A user wants to purchase a Dell computer but the employee at the computer shop gives the user a HP computer specification for another product.
This information that has been passed on is not relevant to that particular object or topic as it relates to another object.
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What makes information relevant?
I dont no it but i need to know it too
Characteristics of accounting?
Accounting provides businesses with useful and relevant information. The more accurate the information, the more the business can base business decisions on the information.
Why contribution theory is used as a basis for providing information relevant to decision making?
Fewhidiwj
Criticisms of absorption costing?
Full costing information is perceived by some critics as not very useful, because it can be backward-looking: example- it includes information irrelevant to decision making, but excludes some relevant information.
An example of a trade off between reliability and relevance?
Information such as the the value of the intellect of employee's may be considered relevant, but the reliability of this information is very low as it is difficult to determine a measurement for intellect.
