AICPA Exam CPA-Financial Topic 3 Question 112 Discussion

Actual exam question for AICPA's CPA-Financial exam

Question #: 112
Topic #: 3

[All CPA-Financial Questions]

According to the FASB conceptual framework, predictive value is an ingredient of:

AOption A

BOption B

COption C

DOption D

Show Suggested Answer

Suggested Answer: D

Choice 'd' is correct. Yes - No. Predictive value is an ingredient of relevance but not of reliability.

Memorize:

Bud's relevance to 'PFT.'

Bud's reliability to 'VRN.'

by Leigha at Jun 12, 2025, 11:52 PM

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Mirta

4 days ago

Option A all the way! Predictive value is like the secret sauce of the FASB conceptual framework. Can't go wrong with that choice.

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Melissa

8 days ago

Hmm, this is a tough one. I'm going to go with Option B just to be different. Hopefully, that's the secret to passing this exam!

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Laurene

13 days ago

I agree with Marisha, predictive value is indeed an ingredient of Option A.

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Kris

15 days ago

I believe it's Option B because it helps in making future decisions.

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Angelo

18 days ago

Option D seems like the right choice to me. Predictive value is a key part of the framework, no doubt about it.

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Ashley

8 days ago

User 2: I agree, predictive value is definitely important in the framework.

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Yolando

10 days ago

User 1: I think Option D is the correct choice.

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Marisha

19 days ago

I think predictive value is an ingredient of Option A.

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Tamra

26 days ago

I think the answer is Option C. Predictive value is definitely an ingredient of the FASB conceptual framework.

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Dorothy

2 hours ago

I agree, predictive value is an important aspect of the FASB conceptual framework.

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