Fill in the blank with the qualitative characteristic for each of the following descriptions. ____________________ 1. The information to include in reports should take into account whether an omission...


Fill in the blank with the qualitative characteristic for each of the following descriptions.


____________________ 1. The information to include in reports should take into account whether an omission or misstatement could influence a user’s decision.


____________________ 2. Information that has the capacity to make a difference in a decision


____________________ 3. Information that is complete, neutral, and free from error


____________________ 4. Information that allows for comparisons to be made for two or more accounting periods for a single company


____________________ 5. Information that is meaningful to those who are willing to learn to use it properly


____________________ 6. Information that allows for comparisons to be made between or among companies



May 04, 2022
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