Three statements are given below.
a. A quality of information that enables an analyst to evaluate the financial performance of two different companies in the same industry.
b. Timely information that is used to predict future events or provide feedback about prior events is said to possess this characteristic.
c. A financial item that may be useful to investors is not required to be reported because the cost of measuring and reporting this information is judged to be too great.

Required:
Give the qualitative characteristic or constraint that is most applicable to each of the following statements.