Question 2 of 5 120 View Policies Current Attempt in Progress For each of the following independent situations, indicate which component of qualitative characteristics applies. 1. The results for the economic performance confirm Sam's predictions about the company. 2. The manager records the cost of a new building as an asset. 3. A company prepares notes to the financial statements to ensure all relevant information is given to users. 4. After studying the financial statements, Loridetermines that the company's earnings will increase 1% to 2% over the next two years. eTextbook and Media Save for tater Compleinness recoback Vilue Free from Materbal frror Neutrality Predictive Valuen. Attempts