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    Intermediate Accounting Study Set 2
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    Exam 1: Environment and Theoretical Structure of Financial Accounting
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    Fundamental Qualitative Characteristics of Accounting Information Are
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Fundamental Qualitative Characteristics of Accounting Information Are

Question 111

Question 111

Multiple Choice

Fundamental qualitative characteristics of accounting information are:


A) Relevance and comparability.
B) Comparability and consistency.
C) Faithful representation and relevance.
D) Neutrality and consistency.

Correct Answer:

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