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Which of the following is an over-arching constraint by Statement of Financial Accounting Concepts No. 8 as related to the qualities of accounting information? Verifiability

Which of the following is an over-arching constraint by Statement of Financial Accounting Concepts No. 8 as related to the qualities of accounting information?

Verifiability

Timeliness

Conservatism

Cost

Under Statement of Financial Accounting Concepts No. 8, timeliness is an ingredient of the primary quality of

Relevance - yes; Faithful Representation - no

Relevance - no; Faithful Representation - yes

Relevance - yes; Faithful Representation - yes

Relevance - no; Faithful Representation - no

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