(Solution) - In the following list of qualitative characteristics of an accounting -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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In the following list of qualitative characteristics of an accounting signal, choose the two that seem to you to be the most important ones (Explain your choice):
(a) Verifiable
(b) Fair and true
(c) Precise
(d) Relevant
(e) Unambiguous
(f) Reliable
(g) Consistent
(h) Comparable
(i) Neutral
(j) Material
(k) Conservative
(l) Timely