2 (5 marks). Match each of the following basic concepts and principles to the appropriate description 1. Completeness 2. Timeliness 3. Neutrality 4. Verifiability 5. Materiality Concept & principle Financial information should be received before it is no longer able to influence decisions Concept that financial information is free from bias Refers to the significance of information to users' decisions Documentation that supports financial information being reported on Financial statements contain all information regarding transactions or events related to the reporting period Description (select from table above)