2.15 Which of the following statements is correct? According to the IASBs Framework, the four principal characteristics

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2.15 Which of the following statements is correct?

According to the IASB’s Framework, the four principal characteristics of financial statements are:

a) Relevance, timeliness, reliability, comparability.

b) Understandability, relevance, reliability, comparability.

c) Understandability, relevance, consistency, comparability.

d) Relevance, comparability, reliability, consistency.

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