Final answer:
The component that is not part of relevance is verifiability; it pertains to the reliability of information rather than its relevance in decision-making.
Step-by-step explanation:
The subject of relevance in the context of this question pertains to the accounting concept of relevant information for decision-making. Relevance includes certain components such as feedback value, predictive value, and timeliness. These attributes ensure that the information provided to users of financial statements is useful for making economic decisions. However, verifiability does not fall under the category of relevance; instead, it is related to the fundamental qualitative characteristic of reliability, which addresses the dependability of information.