Question: Under ASPE, the characteristic which ensures, that when preparing financial statements, accountants should choose the accounting treatment or estimate that will be least likely to

Under ASPE, the characteristic which ensures, that when preparing financial statements, accountants should choose the accounting treatment or estimate that will be least likely to overstate assets, revenues, and gains and the least likely to understate liabilities, expenses, and losses is

		comparability.
		conservatism.
		relevance.
		understandability.

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