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In order for information to be considered a faithful representation it must be all of the following except:

a) Complete
b) Neutral
c) Predictive
d) Without material error

User BearsEars
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1 Answer

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Final answer:

In the context of accounting, a faithful representation must be complete, neutral, and without material error; however, being c) predictive is not required for information to be considered as such.

Step-by-step explanation:

In order for information to be considered a faithful representation in accounting and financial reporting, it must meet several criteria. These include being complete, neutral, and free from material error. However, being predictive is not a requirement for information to be considered a faithful representation.

Predictive value is related to the usefulness of information for making forecasts, but it is not a requisite trait for the information itself to be seen as a faithful representation of a financial situation.

User Rayees Pk
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