Question

Under the Conceptual Framework, the qualitative characteristic of Relevance includes: a. Neutrality, timeliness, and materiality. b. Completeness, confirmatory value, and comparability. c. Predictive value, completeness, and comparability. d. Predictive value; confirmatory value, and materiality.

Answer 1

The right option is b. Completeness, confirmatory value, and comparability.

Step-by-step explanation:

In accounting the qualitative characteristics include relevance, reliability, comparability, and consistency.