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  • Which of the following is a primary quality of useful accounting information? #661
  • What is meant by comparability when discussing financial accounting information? #662
  • What is meant by consistency when discussing financial accounting information? #663
  • Which of the following is an ingredient of relevance? #664
  • Which of the following is an ingredient of faithful representation? Predictive value. #665
  • Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic of accounting information? #666
  • Company A issuing its annual financial reports within one month of the end of the year is an example of which enhancing quality of accounting information? #667
  • One of the main advantages of standardisation in financial reporting is: #668
  • What is the quality of information that is capable of making a difference in a decision? #669
  • Neutrality is an ingredient of which fundamental quality of information? #670
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