Unpaid leaves of absence generally do not cost the firm much beyond continued benefits for the employee on leave

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.

A broker giving a referral fee to another broker must verify that the broker has an active license.

a. true b. false