Question 15 0.25 pts An item is considered material if: it's profitable to the company it's amount is large enough to influence the decision of the external user of financial information Its over 10.000 I say so Question 18 0.25 pts Verifiability is results when different companies use the same accounting principles if it is presented in a clear and concise fashion when independent observers, using the same methods, obtain similar results means that a company uses the same accounting principles and methods from year to year Question 19 0.25 pts Companies never need to worry about cost when it comes to providing financial information to users. True False