Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

AICPA CPA-Financial Exam - Topic 3 Question 58 Discussion

Actual exam question for AICPA's CPA-Financial exam
Question #: 58
Topic #: 3
[All CPA-Financial Questions]

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

Show Suggested Answer Hide 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 Janine at Sep 18, 2022, 10:59 AM

Limited Time Offer

25%

Off

Get Premium CPA-Financial Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Nieves
5 months ago
I thought it was more complicated than that.
upvoted 0 times
...
Charlesetta
5 months ago
Yup, definitely relevance!
upvoted 0 times
...
Paris
6 months ago
Wait, is it really just relevance? Sounds too simple.
upvoted 0 times
...
Lorrine
6 months ago
Totally agree, relevance is key!
upvoted 0 times
...
Geraldo
6 months ago
Predictive value is part of relevance.
upvoted 0 times
...
Lonny
6 months ago
I vaguely recall that predictive value is an aspect of relevance, but I can't remember which option it corresponds to in this question.
upvoted 0 times
...
Ashlyn
6 months ago
I feel like I might confuse predictive value with confirmatory value. I should have reviewed those definitions more closely.
upvoted 0 times
...
Weldon
6 months ago
I remember practicing a question about the qualitative characteristics of financial information, and I think predictive value falls under relevance.
upvoted 0 times
...
Christoper
6 months ago
I think predictive value is related to relevance, but I'm not completely sure if it's specifically tied to one of the options.
upvoted 0 times
...
Ezekiel
6 months ago
Hmm, this seems like a tricky one. I'll need to think through the different options carefully.
upvoted 0 times
...
Tijuana
6 months ago
This one seems pretty straightforward. I think the answer is C - deselecting 'Exclude API Users From Password Expiration' to ensure the Marketing Cloud user credentials can't be used to access the API.
upvoted 0 times
...
Moon
6 months ago
Analyzing the adoption report makes sense since it directly reflects user engagement. I remember a similar question where that was a key activity.
upvoted 0 times
...

Save Cancel