Match each of the following characteristics of information to the appropriate description in the table below.

• Relevance
• Reliability
• Understandability
• Comparability
• Timeliness
• Verifiability

1.All information for decision-making is present in the financial statements

2.Financial information can be comprehended by users with a reasonable knowledge of the business

3.Information is free from material error and bias

4.component of relevance

5.A component of reliability

6.The financial statements of a company should be prepared in a similar way year after year