Final answer:
Timeliness is not a requirement of representational faithfulness, which is a concept in financial reporting ensuring accuracy. Representational faithfulness necessitates information to be complete, neutral, and free from error, whereas timeliness refers to providing information promptly.
Step-by-step explanation:
The quality that is not a requirement of representational faithfulness among the options provided is timeliness. Representational faithfulness is a concept used in accounting and financial reporting that refers to the accuracy with which financial statements reflect the economic phenomena they purport to represent. It comprises several attributes, such as being complete, neutral, and free from error.
Timeliness, while an important aspect of financial reporting, specifically speaks to the provision of information to decision-makers in a time frame that is conducive to its use. It is not part of the criteria for representational faithfulness, which focuses on the accurate portrayal of financial information.