Below is a list of the qualitative characteristics identified in FASB Statement of Financial Accounting Concepts No. 2. Following the list is a series of descriptive phrases. a. feedback value b. Relevance decision usefulness d+Reliability Comparability f. predictive value h. i. j k. verifiability consistency representational faithfulness timeliness neutrality 1. When information can make a difference in a decision. 2. Making information available when it is needed. 3 When accounting policies and procedures are unchanged from period to period. 4. When information is verifiable and neutral. 5. Occurs when the measurement results can be duplicated. 6. The overall qualitative characteristic accounting information should possess. 7. When information enables decision makers to confirm prior expectations. 8. When accounting information is reported the same way by different companies