Fill in the blank with the qualitative characteristic for each of the following descriptions. _________________1. Information that
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_________________1. Information that users can depend on to represent the events that it purports to represent
_________________2. Information that has the capacity to make a difference in a decision _________________3. Information that is valid, that indicates an agreement between the underlying data and the events represented
_________________4. Information that allows for comparisons to be made from one accounting period to the next
_________________5. Information that is free from error
_________________6. Information that is meaningful to those who are willing to learn to use it properly
_________________ 7. Information that is not slanted to portray a company’s position any better or worse than the circumstances warrant
_________________ 8. Information that allows for comparisons to be made between or among companies
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Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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