All of the following are conventions (or constraints) used in preparing financial statements except: a. Consistency. b. Faithful representation. c. Conservatism. d. Full disclosure. The most fundamental qualitative characteristics are: a. Materiality and comparability. b. Relevance and faithful representation. c. Conservatism and completeness. d. Timeliness and consistency. Which of the following is not considered to be an enhancing qualitative characteristic? a. Verifiability b. Comparability c. Conservatism d. Timeliness