Identify the following statements and match it with the one of the qualitative characteristics of financial statemeh Submitted Answers Prompts Choose a match The information provided to user to determine the company's growth or future potential Neutrality The financial Statements most be produced within a certain period that users can take advantage of information to make Predictive Value informative decision. Financial Statement is complete, neutral and free of material O Faithful represented statement, it means that it is.. Timeliness The information provided in the financial statement should not be biased to specific group of users.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Identify the following statements and match it with the one of the qualitative characteristics of financial statement.
Submitted Answers
Prompts
Choose a match
The information provided to user to determine the
company's growth or future potential
Neutrality
The financial Statements most be produced within a certain
period that users can take advantage of information to make
Predictive Value
informative decision.
Financial Statement is complete, neutral and free of material
O Faithful represented
statement, it means that it is..
Timeliness
The information provided in the financial statement should
not be biased to specific group of users.
Transcribed Image Text:Identify the following statements and match it with the one of the qualitative characteristics of financial statement. Submitted Answers Prompts Choose a match The information provided to user to determine the company's growth or future potential Neutrality The financial Statements most be produced within a certain period that users can take advantage of information to make Predictive Value informative decision. Financial Statement is complete, neutral and free of material O Faithful represented statement, it means that it is.. Timeliness The information provided in the financial statement should not be biased to specific group of users.
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