Explain what is meant by each of the following: (a) relevance; (b) faithful representation; (c) freedom from

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Explain what is meant by each of the following:

(a) relevance;

(b) faithful representation;

(c) freedom from error

(d) neutrality;

(e) predictive value;

(f) completeness;

(g) comparability;

(h) understandability; and

(i) materiality.

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