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The Four Enhancing Characteristics of Financial Information Identified by the IASB

Question 16

Multiple Choice

The four enhancing characteristics of financial information identified by the IASB are:


A) comparability, verifiability, timeliness and understandability.
B) conciseness, correctness, reliability and relevance.
C) reliability, verifiability, relevance and comparability.
D) understandability, timeliness, comparability and faithful representation.

Correct Answer:

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