Question: Question # 1: (10 points) A-List and explain the qualitative characteristics that enhance the usefulness of information that is relevant and faithfully represented? Give example

Question # 1: (10 points) A-List and explain the qualitative characteristics that enhance the usefulness of information that is relevant and faithfully represented? Give example for each? [6 points) 8- SFAC No. 8 Identifies the qualitative characteristics of accounting information that didemguish better (more useful information from inferior (less useful) information for decision-making purposes Who are the primary users of financial information according to the CFP? What are their characteristics? And what decisions they make? (4 points)

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