Question: According to the IASB Framework for the Preparation and Presentation of Financial Statements, the fundamental qualitative characteristic of relevance includes a. Predictive value and feedback
According to the IASB Framework for the Preparation and Presentation of Financial Statements, the fundamental qualitative characteristic of relevance includes
a. Predictive value and feedback value.
b. Verifiability, neutrality, and representational faithfulness.
c. Predictive value and confirmatory value.
d. Comparability and timeliness.
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