(D) Mia started her retail business this year. She had no accounting knowledge. When she received her first set of financial statements from her accountant, she was so confused with the accounting terms on the financial statements that was so difficult to understand. Required: Discuss whether the information given in the financial statements of Mia's business is (4 marks) useful with respect to the qualitative characteristic of "understandability". [Total marks for Question 3: 25 marks]