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Three's Learning Module. Question 3 The Conceptual Framework states that an important implication of the qualitative characteristic of comparability is that: 1 pts O users
Three's Learning Module. Question 3 The Conceptual Framework states that an important implication of the qualitative characteristic of comparability is that: 1 pts O users will be informed of the accounting policies used in the preparation of the financial reports, plus any changes to those policies and the effects of those changes. O it will allow different users of the information to come to a consensus. O if there is a choice of accounting methods one method should be chosen and then applied throughout the life of the entity. O it will be used to predict outcomes of past, present or future events. Tim 27
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