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1. Identify which qualitative characteristics of accounting information is best describe in each item below. (Do not use relevance and reliability). a- The annual reports
1. Identify which qualitative characteristics of accounting information is best describe in each item below. (Do not use relevance and reliability). a- The annual reports of Sultan Co. are audited by certified public accountants. b- Majan and Sohar corporations both use the FIFO cost flow assumption. c- ABC corporation has used straight-line depreciation since it began operations. d- Mazon company issues its quarterly reports immediately after each quarter ends.
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