Accounting information is included if its omission or misstatement could infle

the decisions of financial statement users. This is an important component of

relevance.

All the accounting information that is necessary to faithfully represent econo

reality is included.

Accounting information has few inaccuracies.

Accounting information that will make a difference in users' decisions.

Accounting information about a company can be confirmed by two or more

independent users to be a faithful representation.