option available

complete

timeliness

faithful representation

neutral

relevance

verifiable

-72 View Policies Current Attempt in Progress For the following qualitative characteristics of financial statements select the appropriate term. 1. Information is available to decision makers before the information loses its ability to influence decisions Timeliness 2. Accounting information reports the economic reality of a transaction, not its legal form 3. All of the information necessary to show the economic reality of transactions is provided. Faithful represen 4. Information makes a difference in a decision 5. Users are assured that the financial information shows the economic reality of the transaction 6 Information is free from bias that is intended to attain a predetermined result. Save for Later Attemptstof 3 used Submit