Characteristics of Useful Accounting Information

Select the qualitative characteristic for each of the following descriptions.

	Description	Qualitative Characteristic
1.	The information to include in reports should take into account whether an omission or misstatement could influence a user's decision.	_________________
2.	Information that has the capacity to make a difference in a decision	_________________
3.	Information that is complete, neutral, and free from error	_________________
4.	Information that allows for comparisons to be made for two or more accounting periods for a single company	_________________
5.	Information that is meaningful to those who are willing to learn to use it properly	_________________
6.	Information that allows for comparisons to be made between or among companies	_________________