I. State the fundamental or enhancing qualitative characteristic of accounting information that is expected to be maintained in each of the following situations related to a company. Situation Qualitative Characteristic A Revaluation of Property, Plant and Equipment at fair value Valuation of inventory using Weighted Average method to be in B line with industry norms Issue of interim financial statements within one week after the end of each quarter Recognition of a motor vehicle purchased on a finance lease as an D asset (01 Mark)