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Match each qualitative characteristic of useful accounting information with the related definition by selecting the appropriate letter from the list provided. Definition A. Application
Match each qualitative characteristic of useful accounting information with the related definition by selecting the appropriate letter from the list provided. Definition A. Application of the same accounting methods over time. B. Agreement between what really happened and the disclosed information. C. The information is available prior to the decision. D. The accounting information does not favour a particular group. E. The information helps reduce uncertainty in the future. F. The information provides input to evaluate previous expectations. G. The information allows the evaluation of one alternative against another alternative. H. The information has a bearing on a specific decision. I. The information can be depended upon. J. Implies that qualified persons working independently arrive at similar conclusions. Qualitative Characteristics Definition (1) Relevance (2) Timeliness (3) Predictive value (4) Confirmatory value (5) Verifiability (6) Faithful representation (7) Neutrality (8) Comparability (9) Consistency
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