Search results
Results from the WOW.Com Content Network
The meaning of "relevance" in U.S. law is reflected in Rule 401 of the Federal Rules of Evidence. That rule defines relevance as "having any tendency to make the existence of any fact that is of consequence to the determinations of the action more probable or less probable than it would be without the evidence".
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
In order to evaluate how well an information retrieval system retrieved topically relevant results, the relevance of retrieved results must be quantified. In Cranfield-style evaluations, this typically involves assigning a relevance level to each retrieved result, a process known as relevance assessment. Relevance levels can be binary ...
Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management discussion and analysis: [1]
A relevant cost (also called avoidable cost or differential cost) [1] is a cost that differs between alternatives being considered. [2] In order for a cost to be a relevant cost it must be: Future
Following is an approach to determine and name degrees of relevance and how to utilize the results: Relevance level "High" – The highest relevance is objective information directly about the topic of the article. "John Smith is a member of the XYZ organization" in the "John Smith" article is an example of this.
In terms of the Conceptual Framework (see "materiality in accounting" above), materiality also has a qualitative aspect. This means that, even if a misstatement is not material in "Dollar" (or other denomination) terms, it may still be material because of its nature. An example is if a disclosure is omitted from the financial statements.
In financial accounting, cost classification based on type of transactions, e.g. salaries, repairs, insurance, stores etc. In cost accounting, classification is basically on the basis of functions, activities, products, process and on internal planning and control and information needs of the organization.