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Match each of the following items with the correct accounting framework concept. Accounting information is...

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Accounting

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Match each of the following items with the correct accounting framework concept. Accounting information is useful for a user's decision making purposes. When preparing accounting information, it must be unbiased and not favour ono set of interested users over another Users can identify and understand similarities in, and differences among items 1. Relevance The inclusion, exclusion, or misstatement of quantitative or qualitative information could influence the decisions of Users 2 Faithful Representation 3 Comparability Users have access to accounting information before It loses its ability to influence decisions Verifiability 3. Comparability Users have access to accounting information before it loses its ability to influence decisions. 4. Verifiability 5. Timeliness

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