Here are some qualitative characteristics of useful accounting information: 1. Predictive value 3. Verifiable 2. Neutral 4. Timely Match each qualitative characteristic to one of the following statements.

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(a) Accounting information should help provide accurate expectations about future events.

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(b) Accounting information cannot be selected, prepared, or presented to favor one set of interested users over another.

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(c) The quality of information that occurs when independent observers, using the same methods, obtain similar results.

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(d) Accounting information must be available to decision-makers before it loses its capacity to influence their decisions.

AppendixLO1