Worldatwork Exam T7 Topic 3 Question 57 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 57
Topic #: 3

[All T7 Questions]

Which of the following are ingredients of the fundamental qualitative characteristics of faithful representation?

AComplete, neutral, freedom from error

BAssets, liabilities, equity

CPredictive value, confirmatory value, relevance

DComparability, verifiability, timeliness

Show Suggested Answer

Suggested Answer: A

by Nickolas at Aug 21, 2022, 02:46 AM

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Hassie

3 months ago

I bet the faithful representation tastes like chicken. Or maybe that's just the creative accounting I'm thinking of.

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Audra

3 months ago

If only the accountants could be as faithful as my dog, then we'd really have some faithful representation!

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Jin

2 months ago

D) Comparability, verifiability, timeliness

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Rene

2 months ago

C) Predictive value, confirmatory value, relevance

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Luis

2 months ago

A) Complete, neutral, freedom from error

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Hyun

3 months ago

I'm torn between A and D, but I'll go with D. Verifiability is like a superhero power for faithful representation.

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Elfrieda

2 months ago

Comparability and timeliness are also crucial for making informed decisions.

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Denna

2 months ago

I agree, it helps ensure that the information is reliable and can be trusted.

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Cordell

2 months ago

Verifiability is definitely important for faithful representation.

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Ashlee

3 months ago

Hold on, is this a trick question? I bet the answer is C. Gotta have that predictive and confirmatory value.

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Leslie

3 months ago

I think Option D is the way to go. Comparability, verifiability, and timeliness are crucial for faithful representation.

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Jess

2 months ago

I believe Option A is essential, complete and freedom from error are fundamental.

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Yaeko

2 months ago

I think Option C is also important, predictive value and relevance are key.

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Lindsey

3 months ago

I agree, Option D covers all the important aspects of faithful representation.

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Tyra

4 months ago

Option A seems to cover the key elements of faithful representation, but I'm not sure if that's the complete answer.

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Hassie

3 months ago

C) Predictive value, confirmatory value, relevance

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Jestine

3 months ago

A) Complete, neutral, freedom from error

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Matt

4 months ago

I'm leaning towards D) Comparability, verifiability, timeliness. It just makes more sense to me.

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Dannette

4 months ago

I disagree, I believe the correct answer is C) Predictive value, confirmatory value, relevance.

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Georgeanna

4 months ago

I think the answer is A) Complete, neutral, freedom from error.

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