BE3-14 Here are some qualitative characteristics of useful accounting information: 1. Predictive value 3. Verifiable 2. Neutral 4. Timely Match each qualitative characteristic to one of the following statements. (a) The quality of information that occurs when independent observers, using the same methods, obtain similar results. (b) Accounting information must be available to decision-makers before it loses its capacity to influence their decisions. (c) Accounting information should help provide accurate expectations about future events. (d) Accounting information cannot be selected, prepared, or presented to favor one set of interested users over another *BE3-15 Select the response that completes the following statement correctly. The full dis- D. closure principle dictates that: pr (a) financial statements should disclose all assets at their cost. (LI (b) financial statements should disclose only those events that can be measured in currency (c) financial statements should disclose all events and circumstances that would matter to users of financial statements. (d) financial statements should not be relied on unless an auditor has expressed an unqualified opinion on them