View Policies Current Attempt in Progress For each of the following independent situations, indicate which component of qualitative characteristics applies. 1. The results for the economic performance confirms Sam's predictions about the company. Neutrality 2. The manager records the cost of a new building as an asset. 3. A company prepares notes to the financial statements to ensure all relevant information is given to users. 4. After studying the financial statements, Lori determines that the company's earnings will increase 1% to 2% over the next two years. Free From Material Error Predictive Value Neutrality Completeness Feedback Value eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer