Please answer the Exercise 2.5.15, 2.5.16 and 2.5.17with your detailed explanations, it's much appreciated!

15 Complete the following sentence. means having information available to decision makers in time to be capable of influencing their decisions. 16 Which of the following statements about understandability is correct? Classifying, characterising and presenting information clearly and concisely makes it understandable. Providing users of the financial statements with details of all transactions the entity has entered into during the year makes the information understandable. Providing users of the financial statements with the information on a timely basis promotes understandability. Financial information is more understandable if it faithfully represents the substance of the phenomena it purposes to represent. 17 According to the Conceptual Framework for Financial Reporting, which of the following describe relevance? Complete and neutral Predictive value, confirmatory value or both and free from error Capable of making a difference to decisions made by users and complete Capable of making a difference to decisions made by users and having a predictive value, confirmatory value or both