The overriding criterion by which accounting information can be judged is that of freedom from bias. timeliness. comparability. usefulness for decision making. Burton Ltd. operates in both Canada and the United States. The company wants to improve the qualitative characteristics of its financial statements. Which of the following would most likely improve the comparability of Burton's financial statements? The preparation of monthly financial statements. The introduction of a policy that specifies how Sunbury's capital assets should be depreciated. The use of U.S.-trained accountants. The restatement of its financial statements from Canadian GAAP to US GAAP for its American investors. The costs of providing useful information do not include auditing financial statements. disclosure to competitors. users' allocation of resources. collecting, processing and distributing information. The IASB issued an Exposure Draft relating to the conceptual framework in 2015. Regarding presentation and disclosure, what change does this draft propose? Renaming the balance sheet to the statement of financial health. O Renaming the statement of profit or loss to the statement of financial performance. Renaming the balance sheet to the periodic statement of performance. o o Renaming the statement of profit or loss to the statement of income or deficit