Regarding relevant nonfinancial information, which of the following statements is incorrect?
A) Nonfinancial, or qualitative, factors play a role in managers' decisions and, as a result, can be relevant.
B) Relevant qualitative information has the same characteristics as relevant financial information.
C) Managers must always consider the potential quantitative and qualitative effects of their decisions.
D) Qualitative factors can be ignored because these factors are difficult to measure.
D
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After developing a mission statement for his company, Tyler knows ________ and ______________, representing specific targets the firm wishes to meet will be addressed.
A. Touchpoints; concepts B. Push; pull strategies C. Advantage; disadvantages D. Goals; objectives E. Distinctive corollaries; formalized value concepts
Before any successor activity can be initiated in PDM, all the activities that precede that activity have to be completed
Indicate whether the statement is true or false