Final answer:
The adoption of international accounting standards is an application of the quality enhancing characteristic of comparability, fostering the ability to compare financial information across different entities and time periods.
Step-by-step explanation:
The adoption of international accounting standards aligns most closely with the quality enhancing characteristic of comparability. This is because when firms around the world use the same standards for their financial reporting, it makes it easier for investors, analysts, and regulators to compare financial statements across different international boundaries. Comparability enhances the decision-usefulness of financial information by facilitating comparisons between different companies as well as across time periods within the same company.