Identify the appropriate qualitative characteristic(s) to be used given the information provided below.

(a)		Qualitative characteristic being employed when companies in the same industry are using the same accounting principles.		select an appropriate qualitative characteristic TimelinessComparability, Verifiability, Timeliness, and UnderstabilityVerifiabilityPredictive valueUnderstandabilityRelevance and Faithful RepresentationComparability (Consistency)Faithful RepresentationCompletenessNeutralityFree From ErrorMaterialityConfirmatory ValueRelevanceComparability
(b)		Quality of information that confirms users earlier expectations.		select an appropriate qualitative characteristic VerifiabilityComparability, Verifiability, Timeliness, and UnderstabilityConfirmatory ValueRelevance and Faithful RepresentationTimelinessRelevanceCompletenessNeutralityComparabilityPredictive valueFree From ErrorUnderstandabilityFaithful RepresentationMaterialityComparability (Consistency)
(c)		Imperative for providing comparisons of a company from period to period.		select an appropriate qualitative characteristic Confirmatory ValuePredictive valueTimelinessVerifiabilityRelevance and Faithful RepresentationFree From ErrorFaithful RepresentationComparability, Verifiability, Timeliness, and UnderstabilityUnderstandabilityMaterialityCompletenessComparability (Consistency)ConsistencyNeutralityRelevance
(d)		Ignores the economic consequences of a standard or rule.		select an appropriate qualitative characteristic Predictive valueMaterialityUnderstandabilityNeutralityCompletenessFree From ErrorFaithful RepresentationComparability, Verifiability, Timeliness, and UnderstabilityVerifiabilityTimelinessComparabilityComparability (Consistency)Relevance and Faithful RepresentationConfirmatory ValueRelevance
(e)		Requires a high degree of consensus among individuals on a given measurement.		select an appropriate qualitative characteristic Confirmatory ValuePredictive valueRelevanceMaterialityFree From ErrorFaithful RepresentationComparability (Consistency)UnderstandabilityTimelinessNeutralityRelevance and Faithful RepresentationCompletenessVerifiabilityComparability, Verifiability, Timeliness, and UnderstabilityComparability
(f)		Predictive value is an ingredient of this fundamental quality of information.		select an appropriate qualitative characteristic Comparability, Verifiability, Timeliness, and UnderstabilityRelevance and Faithful RepresentationConfirmatory ValueFaithful RepresentationComparabilityFree From ErrorNeutralityPredictive valueComparability (Consistency)RelevanceMaterialityTimelinessUnderstandabilityCompletenessVerifiability
(g)		Four qualitative characteristics that are related to both relevance and faithful representation.		select an appropriate qualitative characteristic CompletenessComparabilityRelevanceFaithful RepresentationUnderstandabilityVerifiabilityNeutralityMaterialityConfirmatory ValueTimelinessComparability (Consistency)Free From ErrorPredictive valueRelevance and Faithful RepresentationComparability, Verifiability, Timeliness, and Understability
(h)		An item is not recorded because its effect on income would not change a decision.		select an appropriate qualitative characteristic ComparabilityPredictive valueRelevanceFree From ErrorNeutralityVerifiabilityCompletenessComparability (Consistency)Relevance and Faithful RepresentationTimelinessConfirmatory ValueUnderstandabilityComparability, Verifiability, Timeliness, and UnderstabilityFaithful RepresentationMateriality
(i)		Neutrality is an ingredient of this fundamental quality of accounting information.		select an appropriate qualitative characteristic NeutralityTimelinessFree From ErrorPredictive valueFaithful RepresentationComparability, Verifiability, Timeliness, and UnderstabilityCompletenessVerifiabilityUnderstandabilityConfirmatory ValueRelevance and Faithful RepresentationRelevanceMaterialityComparabilityComparability (Consistency)
(j)		Two fundamental qualities that make accounting information useful for decision-making purposes.		select an appropriate qualitative characteristic Confirmatory ValueMaterialityVerifiabilityNeutralityTimelinessFaithful RepresentationRelevance and Faithful RepresentationFree From ErrorCompletenessPredictive valueComparability (Consistency)RelevanceComparability, Verifiability, Timeliness, and UnderstabilityComparabilityUnderstandability
(k)		Issuance of interim reports is an example of what enhancing quality of both relevance and faithful