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16. What is the quality of information that is capable of maki difference in a decision? A) Faithful representation B) Materiality C) Timeliness D) Relevance

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16. What is the quality of information that is capable of maki difference in a decision? A) Faithful representation B) Materiality C) Timeliness D) Relevance 17. According to Statement of Financial Accounting Concepts No. 8, completeness is an ingredient of the fundamental quality(ies) of: Relevance tful Representation A) Yes Yes No No No Yes B) C) Yes 18. Under Statement of Financial Accounting Concepts No. 2, free from error is an ingredient of the fundamental quality of Faithful Relevance epresentation A) B) C) D) Yes No Yes No Yes Yes No Page 5 Page 3 Page

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