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Those are the lists for the questions. The conceptual framework indicates the desired fundamental...

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Accounting

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Those are the lists for the questions.

The conceptual framework indicates the desired fundamental and enhancing qualitative characteristics of accounting information. Several constraints impede achieving these desired characteristics. Answer each of the following questions related to these characteristics and constraints. Comparability Consistency Cost effectiveness Faithful representation Materiality Faithful representation Materiality Neutrality Predictive value and/or confirmatory value Timeliness

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