acct 1008 practice questions

Which of these pairs of qualitative characteristics are most likely to be in conflict? Select one: a comparability and verifiability b. Understandability and comparability Relevance and faithful representation d. Understandability and relevance In the current Conceptual Framework the qualitative characteristic of reliability has been replaced by the characteristic of: 9. Select one: a trustworthiness b. truth and fairness c. accuracy 10. d. faithful representation