Why have several research studies failed to find strong evidence of the usefulness of the information content of reserve recognition accounting (rra)? explain.

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12-09-2022
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Why have several research studies failed to find strong evidence of the usefulness of the information content of reserve recognition accounting (rra)? explain.

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tutorconsortium344 tutorconsortium344 · Answer 1 · 2022-09-15T08:37:22+02:00

The relevance of RRA information is low have several research studies failed to find strong evidence of the usefulness of the information content of reserve recognition accounting (rra).

Information Content

The information content, self-information, surprise, or Shannon information is a basic quantity obtained from the chance of a specific event occurring from a random variable in information theory. It can be regarded of as a different way of expressing probability, similar to odds or log-odds, but with specific mathematical advantages in the context of information theory. Shannon information can be regarded as quantifying a specific outcome's level of "surprise." Because it is such a fundamental quantity, it appears in a variety of other contexts, such as the length of a message required to broadcast the event given optimal source coding of the random variable.

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