Requirement Referring to the qualitative characteristics of accounting information indicate the fundamental characteristic (relevance or representationally faithful) and its related attribute confirmatory value, completeness, materiality, neutrality, or predictive value) for each of the following uses of accounting information Fundamental Characteristic Attribute Use of Accounting Information This year's reported earnings per share is a. $.50 below analysts' forecasts Potential creditors review a company's long- term liabilities footnote to determine that b. entity's ability to assume additional debt. A corporation discloses both favorable and c. unfavorable tax settlements. A company discloses the write-off of an accounts receivable. The receivable due from a major customer accounts for 35% of the d. company's current assets. A financial analyst computes a company's five-year average cost of goods sold in order e. to forecast next year's profit margin