Final answer:
The concept from SFAC 8 that deals with the assurance that information accurately represents what it is meant to represent is reliability. Reliability emphasizes the consistent and dependable quality of information. The correct option is B.
Step-by-step explanation:
The SFAC 8 Concept pertains to the attributes that make accounting information useful to decision-makers. The ability to ensure that information represents what it purports to represent relates to the quality of reliability.
Reliability is the consistency of a measure, with results that can be produced repeatedly in similar circumstances. It is the degree to which information is accurate and can be depended upon. In various fields, like accounting and psychology, it focuses on the consistency and dependability of data and methodologies.
Hence, Option B is correct.