Match the term to the explanation for each of the following. A characteristic of accounting information that ensures it is available to decision makers in time to influence their decisions. A quality of information that Choose... is complete, neutral, and is free from error. Choose... The accounting standard that requires the benefits obtained from financial statement information to be justifiable based on the costs incurred in financial reporting. Provides guidance on when revenue should be reflected on the income statement. The standards for financial reporting in Canada for all publicly accountable entities. Choose... Timeliness Business entity principle IFRS Cost constraint Revenue recognition principle Faithful representation Comparability Understandability IASB Choose... 4 Match the term to the explanation for each of the following. A characteristic of accounting information that ensures it is available to decision makers in time to influence their decisions. A quality of information that Choose... is complete, neutral, and is Choose... free from error. The accounting standard that requires the benefits obtained from financial statement information to be justifiable based on the costs incurred in financial reporting. Provides guidance on when revenue should be reflected on the income statement. The standards for financial reporting in Canada for all publicly accountable entities. Choose... Choose... Choose... 99+ 4