According to the Conceptual Framework, which qualitative
characteristics enhance the usefulness of information that is relevant and faithfully
represented?
A. Comparability, Understandability, Timeliness, Verifiability
B. Consistency, Prudence, Measurability, Verifiability
C. Consistency, Reliability, Measurability, Timeliness
D. Materiality, Understandability, Measurability, Reliabilit

Question

29-06-2022
English

contestada

According to the Conceptual Framework, which qualitative
characteristics enhance the usefulness of information that is relevant and faithfully
represented?
A. Comparability, Understandability, Timeliness, Verifiability
B. Consistency, Prudence, Measurability, Verifiability
C. Consistency, Reliability, Measurability, Timeliness
D. Materiality, Understandability, Measurability, Reliabilit

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chilljain33 chilljain33 · Answer 1 · 2022-06-30T14:48:23+02:00

According to the Conceptual Framework, Comparability, Understandability, Timeliness, Verifiability are the characteristics that enhance the usefulness of relevant information that is faithfully represented.

What is relevant information?

A source of information, which is easily understandable, is suitable to the time of the information being asked, can easily be verified as a credible source and be compared with other sources of information is known as relevant information.

Hence, option A holds true regarding relevant information.

Learn more about relevant information here:

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