Your Best Friend from High School Approaches You to Invest

Multiple Choice

Your best friend from high school approaches you to invest in "e-track" an upcoming high-tech company which he is convinced will make huge profits in future.You are sceptical of the business venture and said you would have to look up the financial statements of the company before investing your own money.He sends you the financial report and noticed that the report is unaudited and does not provide prior year's results even though the firm had been operating for the last three years.
Based on the above information,which qualitative characteristics is lacking in e-tech's financial reports?

A) relevance and reliability.
B) relevance and timeliness.
C) comparability and consistency.
D) reliability and consistency.
E) reliability and comparability.