The primary qualitative criteria of accounting information include which of the following: A. Comparability (including consistency). B. Understandability C. Relevance. D. Materiality Financial information exhibits the characteristic of consistency when A. Expenses are reported as charges against revenue in the period in which they are paid B. Accounting entities give "accountable" events the same accounting treatment from period to period C. Unusual or infrequent gains and losses are not included on the income statement. D. accounting procedures are adopted which give a consistent rate of net income A primary objective of financial reporting is to A. assist investors in predicting prospective cash flows B. assist investors in analyzing the economy C. assist suppliers in determining an appropriate discount to offer a particular.company D. enable banks to determine an appropriate interest rate for their commercial loans