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If accounting information is timely and has predictive and feedback value, then it can be characterized as: Multiple Choice Qualitative Verifiable Reliable Relevant The body that has the responsibility to set generally accepted accounting principles in Canada is the: Multiple Choice AcSB OSC IASC FASB The underlying assumptions of accounting include all of the following except: Multiple Choice time period. separate entity. conservatism. unit-of-measure continuity. The stewardship function refers to: Multiple Choice Disclosing management's use of funds and other financial information to absentee shareholders. The collection of information to help present and potential investors and creditors and other users in assessing the amounts, timing and uncertainty of prospective cash receipts. A company's corporate citizenship track record. The collection of information for planning the future of the entity. implementing those plans, and for controlling daily operations