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  • Which of the following is a fundamental quality of useful accounting information? #271
  • Which of the following is a primary quality of useful accounting information? #272
  • What is meant by comparability when discussing financial accounting information? #273
  • What is meant by consistency when discussing financial accounting information? #274
  • Which of the following is an ingredient of relevance? #275
  • Which of the following is an ingredient of faithful representation? Predictive value. #276
  • Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic of accounting information? #277
  • 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? #278
  • One of the main advantages of standardisation in financial reporting is: #279
  • What is the quality of information that is capable of making a difference in a decision? #280
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