Information will be _____________ if it's misstatement could influence the economic decisions of users*1 pointmaterialimmaterialclearunclear

The correct answer to the question “Information will be _____________ if its misstatement could influence the economic decisions of users” is material.

Explanation:

1. Definition of Material Information: In the context of financial reporting and accounting, "material" information refers to information that can influence the economic decisions of users. If a misstatement is material, it means that it could affect the user's assessment of the financial situation or the decisions based upon that information.

2. Immaterial Information: Conversely, "immaterial" information is not significant enough to impact an economic decision. Users typically overlook such information, which means its misstatement would not influence decision-making.

3. Clear vs. Unclear: The terms "clear" and "unclear" do not fit the context of the statement regarding the influence of misstatements on economic decisions.

In financial contexts, it is crucial to distinguish between what is considered material and immaterial to ensure accurate and effective decision-making by users of financial statements.