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xercise 29 Here are some fundamental and enhancing qualitative characteristics of useful financial Information: 1. Comparability 2. Completeness 3. Confirmatory value 4 Faithful representation 5
xercise 29 Here are some fundamental and enhancing qualitative characteristics of useful financial Information: 1. Comparability 2. Completeness 3. Confirmatory value 4 Faithful representation 5 Freedom from error 6. Materiality 7. Neutrality Predictive value 9. Relevance 10. Timeliness 11. Understandability 12. Verifiably Match each characteristic to one of the following statements Accounting information cannot be prepared or presented to favor of interests or other (b) mei Accounting information witte toon before loss to Wince the decisions From from (0 Understand Accounting information on the users have real estanding of accounting and we both and economic conditions Verma Cayotive vais Accounting information provides a basi wewe made decision Matary (a) Company Anunting information des tendering reportant is united. The portant component of the representation, Completes Common Net Accounting information Medictions but the coprendre the representation (o) Acun Information about what the Worcom 00 Accounting om interested. This is important ca france Accounting information that is necessary to fully reconocido Accounting information can be determined to be free down 00 Accounting information is in twee 00 Accounting information about any can becomed by two ste
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