5 State the qualitative characteristics, assumptions or principles that best reflect the following description: a. Every business is accounted separately from its business owner(s). b. Financial information in the financial statements should be free from bias, error and complete. c. A company will record its assets based on actual cost incurred. d. The business will continue to operate in the future and the financial statement reflects the assumption. e. Any expenses incurred is to generate the revenue reported. f. A company must present timely information to its users. g. Financial information in the financial statement should ensure that users are able to make decisions. h. All transactions recorded in the financial statement are recorded in Malaysian Ringgit