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Match the Following Characteristics with the Statements About Each Qualitative

Question 153

Multiple Choice

Match the following characteristics with the statements about each qualitative characteristic's importance.
-Accounting information should use the least optimistic estimate.


A) Consistency
B) Materiality
C) Conservatism
D) Comparability
E) Reliability
F) Relevance
G) Understandability

Correct Answer:

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