Which of the following enhances the usefulness of financial information with reference to financial statements?

Choice

• Integrity, relevance, faithfulness, and comparability to prior periods and other companies.

• Verifiability, relevance, and faithfulness.

• Comparability to prior periods and other companies, verifiability, timeliness, and understandability.

• Clarity, integrity, relevance, and faithfulness.

Answer rating: 100% (QA)

Correct answer Comparability to prior periods and other companies verifiability timeliness ... View the full answer