In 2020, Jibu Oil company was sued for damaging the seaside because its chemical material dropped to the sea. The company felt that the settlement of the case could threaten the financial stability of the company unimaginably. Therefore the company decided to choose non-disclosure of accounting information with the hope that its lawyer may win the case at court Which one of the following enhancing qualities is best suitable here? a. Understandability and comparability b. Verifiability and comparability c. Comparability and Usefulness d. Timeliness and Verifiability Which of the following statements is the most appropriate explanation for conservatism concept? . a Faced with uncertainty an accountant should exercise a degree of caution b. Income should not be accounted for until realized in cash c. It is better to account for expenses even if there is uncertainty on how much is payable a. It is better to understate profit rather than to overstate it Clear my choice