Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 2 - Conceptual Framework for Financial Reporting - Brief Exercises - Page 69: BE2-1c

Answer

(c)-3

Work Step by Step

Predictive value (3) is affiliated with Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future (c).
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