Question: Match the items selected from the conceptual framework shown below by entering the appropriate code letter. . Relevance Comparability C. Materiality D. Timeliness E.

Match the items selected from the conceptual framework shown below by entering the appropriate code letter. . Relevance Comparability C. Materiality D. Timeliness E. Verifiability F. Understandability 1. Information that has a bearing on a decision. 2. An item important enough to influence a prudent investor. 3. Different companies using the same accounting principles. Different knowledgeable and independent users can reach a consensus that the 4. information is faithfully represented. Information must be available to decision-makers before it loses its ability to 5. influence decisions. 6. Information is classified, characterized, and presented clearly and concisely. B.

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