Transcribed image text: P2. Fill in the blanks below with the qualitative characteristic, accounting principle or assumption that best completes the sentence. (1) and that make accounting information useful for decision making. are the two fundamental qualities (2) Information that helps users confirm or correct prior expectations has (3) enables users to identify the real similarities and differences in economic events between companies. is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. (5) Information is if omitting it or misstating it could influence decisions that users make on the basis of the reported financial information. (6) Providing information that is of sufficient importance to influence the judgement and decisions of an informed user is referred to as (7) Corporations must prepare accounting reports at least yearly due to the assumption. (8) occurs when the performance obligation is satisfied