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Listed below are several terms and phrases associated with the FASB's conceptual framework. Pair each item from List A with the item rom List
Listed below are several terms and phrases associated with the FASB's conceptual framework. Pair each item from List A with the item rom List B that is most appropriately associated with it List A 1 Predictive value 2 Relevance 3 Timeliness 4 Distribution to owners 5 Confirmatory value 6 Understandability 7 Gain 8 Fathful representation 9 Comprehensive income 10 Matenality 11 Comparability 12 Neutrality 13 Recognition 14 Consistency 15 Cost effectiveness 16 Venfiability List B
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