Given the qualitative characteristics of accounting established by the FASB's conceptual framework, complete each of the following

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Given the qualitative characteristics of accounting established by the FASB's conceptual framework, complete each of the following statements:

(a) For information to be . it should have predictive or feedback value, and it must be presented on a timely basis.

(b) is the quality of information that gives assurance that it is free of error and bias; it can be depended on.

(c) means using the same accounting principles and methods from year to year within a company.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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