the listed qualitative characteristics of useful financial information discussed in this chapter to each of the following statements Information that has predictive value. confirmatory value and is material has this fundamen Completeness Faithful representation Information that is complete, neutral, and free of material error has this fundamental qualiti Public accountants perform audits to determine this enhancing qualitative characteristic. Verifiability This quality requires that we should not select information to favour one position over anot d. Neutrality This enhancing qualitative characteristic describes information that a reasonably informed Understandability e. 3C Mostly sunny