Intermediate Accounting, 11th Edition
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Test Bank For Intermediate Accounting, 11th Edition by David Spiceland, Mark Nelson, Wayne Thomas, Jennifer - ISBN : 9780471750529 / Complete Guide A+ 
Test name: chapter 1 
1) 
TERM PHRASE Term number 
that matches 
the phrase. 
1. Predictive value Information is useful in 
projecting cash flows. 
1 
2. Relevance Pertinent to the decision at 
hand. 
2 
3. Distribution to 
owners 
Information is available prior 
to the decision. 
5 
4. Confirmatory 
value 
Decrease in equity due to 
transfers to...
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