Question: Please help me complete this! give correct answer kudos! Question 6 1 pts Changing the method of inventory valuation should be reported in the financial

 Please help me complete this! give correct answer kudos! Question 6
1 pts Changing the method of inventory valuation should be reported in
Please help me complete this! give correct answer kudos!

Question 6 1 pts Changing the method of inventory valuation should be reported in the financial statements because of which qualitative characteristic of accounting information? Comparability Verifiability Timeliness Neutrality D Question 7 1 pts In classifying the elements of financial statements, the primary distinction between revenues and gains is: The nature of the activities that gave rise to the transactions involved The costs versus the benefits of the alternative methods of disclosing the transactions involved The likelihood that the transactions involved will recur in the future The materiality of the amounts involved

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