Using the following$$ table, match the enhancing characteristics$($comparability$,$ verifiability,$$ timeliness, or$$ understandability$)$ with the following four scenarios. Also indicate if the enhancing characteristic is either satisfied or violated.

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Part $1$

Use of Accounting Information

Enhancing Characteristic

Satisfied or Violated

a$.$

Auditors from two offices of a large public accounting firm agree on the measurement used for a client's plant assets.

b$.$

The Later Than Sooner Company reports income only every two years.

c$.$

Gladys Groceries reports its investments at cost while the other companies in the grocery industry use the fair value option to measure investments.

d$.$

Grant Company engages in complex business transactions. These events are properly classified, characterized, presented clearly, and fully disclosed.