The qualitative characteristic being employed when companies in the same industry are using the same accounting policies. Completeness Consistency Understandability Relevance Neutrality Timeliness Representational faithfulness Predictive value Verifiability Comparability Freedom from error Feedback value Quality of information that confirms users' earlier expectations. Understandability O Comparability Predictive value Timeliness Relevance Completeness Verifiability Neutrality Freedom from error Feedback value Consistency Representational faithfulness Necessary for providing comparisons of a company from period to period. Necessary for providing comparisons of a company from period to period. Feedback value Timeliness Relevance Neutrality Freedom from error Completeness Consistency Representational faithfulness U Understandability Comparability Predictive value Verifiability Ignores the economic consequences of a standard. Understandability Completeness Relevance Neutrality Verifiability Consistency Timeliness Feedback value Representational faithfulness Comparability Predictive value Freedom from error Requires a high degree of consensus among individuals on a given measurement. Predictive value Verifiability Understandability Consistency Representational faithfulness o Comparability Relevance Freedom from error Feedback value Completeness Neutrality o Timeliness Predictive value is an ingredient of this fundamental quality of information. Understandability Representational faithfulness Relevance Timeliness O Verifiability Comparability Consistency Neutrality Freedom from error Predictive value Feedback value Completeness Four qualitative characteristics that are related to both relevance and faithful representation. Consistency Neutrality Relevance Representational faithfulness Completeness Timeliness Understandability 0 Comparability Predictive value O Verifiability O Freedom from error Feedback value Neutrality is an ingredient of this fundamental quality of accounting information. Consistency Completeness ) Representational faithfulness Timeliness Relevance Predictive value O Neutrality Comparability Understandability O Verifiability Freedom from error Feedback value Two fundamental qualities that make accounting information useful for decision-making purposes. Relevance Predictive value Completeness Neutrality Timeliness O Comparability Freedom from error Feedback value Consistency Verifiability U Representational faithfulness Understandability Issuance of interim reports is an example of what enhancing quality of relevance? Feedback value Predictive value Consistency Completeness Understandability Relevance Neutrality Representational faithfulness Comparability Timeliness Verifiability Freedom from error