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7. Fundamental qualitative characteristics of final information are: (1 mark) A. comparability and verifiability B. timeliness and understandability c. relevance and comparability. o. relevance and

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7. Fundamental qualitative characteristics of final information are: (1 mark) A. comparability and verifiability B. timeliness and understandability c. relevance and comparability. o. relevance and faithful representation. Answe 8. Which of the following is a characteristic of ordinary shares? (1 mark) A. The ordinary share dividend must be paid before the preference dividend. . Ordinary shareholders are owners of the company. c. Ordinary shares are not a part of the equity of the company. o. The amount of dividend payable for ordinary shares are fixed. Answe

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