BE2-2 Match the qualitative characteristics below with the following statements. 1. Timeliness 5. Faithful representation 2. Completeness 6. Relevance 3. Free from error 7. Neutrality 4. Understandability 8. Confirmatory value (a) Quality of information that assures users that information represents the economic phenom- ena that it purports to represent. (b) Information about an economic phenomenon that changes past or present expectations based on previous evaluations, (c) The extent to which information is accurate in representing the economic substance of a transaction (d) Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent. (e) Quality of information that allows users to comprehend its meaning