Which description defines information Which TWO of the following explanations are unlikely to lead to an increase in receivables collection period? Review Later A new contract with a large customer has been won following a competitive tender A large one?off credit sale has been completed just before the year end The entity has recently expanded into a number of high street retail units Difficult economic conditions have led to some customers struggling to pay on time A website has been opened in the year for trade direct to the public is relevant to users of financial information? Review Later Information that is free from error, bias and is a faithful representation of events Information that has been prudently prepared Information that is comparable from one period to the next Information that influences the decisions of users