ABC Company reported its financial .12 statements 4 times in each year. This an :example of * (1 ) Faithfull representation Relevance Timeliness Materiality Ahmad Company applies the same .14 accounting treatment to similar events from :period to period. this an example of * (1 ) All of the choices are correct Predictive value Consistency Verifiability When should an expenditure be recorded as .15 ?an asset rather than an expense * (1 ) .If the amount is material .Never .When future benefit exits .Always