The following statements describe the usefulness of accounting information. For each statement a through e, indicate which enhancing qualitative characteristic best applies (comparabili a. Management of a company prepares financial statements that are audited by an independent accounting firm. In the opinion c b. A corporation has a policy to present quarterly financial statements to its shareholders 30 days after quarter-end, and year-en c. A start-up company chose to value inventory using the average cost method after research indicated that the average cost met d. A company's note regarding its income tax accrual is complex, requiring a reasonable understanding of income tax accounting e. A company has continued to use the same inventory costing method since it inception. Check