Part One Time left 00:50:00 Question 7 Not yet answered Marked out of 2.00 What is meant by consistency when discussing financial accounting Information? Select one a Information is timely b. Information presented by a company that applies the same accounting treatment to similar events, from period to period. c. Information that is classified characterized, and presented clearly and concisely, o d. Information is verifiable MV Chola Question Not yet answered Marked out of 2.00 The accounting process involves all of the following except Select one a. communicating financial information to users by preparing financial reports o Drecording nonquantifiable economic events. o o c. analyzing and interpreting financial reports d. Identifying economic transactions that are relevant to the business 0