Answer
(a) 5. Comparability
Work Step by Step
Normally, comparability is essential since its the quality of information that normally permits users to compare and contrast the difference between a set of economic phenomena.
Intermediate Accounting (16th Edition)
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
1118743202
ISBN 13:
978-1-11874-320-1
Chapter 2 - Conceptual Framework for Financial Reporting - Review and Practice - Brief Exercises - Page 63: BE2-1
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