A company issuing its annual financial reports within one month of the end of the year is an example of which enhancing quality of accounting information? Comparability Verifiability Timeliness Understandability Question 7 2 pts The characteristic that is demonstrated when a high degree of consensus can be secured among independent measurers using the same measurement methods is Verifiability Neutrality faithful representation Relevance Question 8 2 pts The economic entity assumption is applicable to all forms of business organizations. True False