ons - Anwer any two 12 x 2 marks marks) 1. Identify which qualitative characteristics of accounting information is best describe in each item below. (Do not use televance and reliability) The annual reports of Sultan Co are audited by certified public accountants. Mojan and Schar corporations both use the FIFO cost flow assumption ABC corporation has used straight-line depreciation since it began operations d Mazon company issues its quarterly reports immediately after each quarter ends