1. For an item (cost or revenue) to be relevant to a decision, it must:
Be an expected, future item.
Differ among alternatives.
Meet one OR the other of the criteria mentioned in (a) and (b), above.
Meet BOTH of the criteria mentioned in (a) and (b), above.
2. Which of the following is not an enhancing qualitative characteristic
Verifiability
Timeliness
Understandability
Neutrality