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Qualitative Characteristics. Referring to the qualitative characteristics of accounting information, indicate the fundamental characteristic (Relevance or Faithful Representation) and its related attribute (confirmatory value, completeness, materiality, n eutrality, or predictive value) for each of the following uses of accounting information. Uses of Accounting Information: Fundamental Attribute Characteristic Potential creditors review Sparky Company's long-term liabilities footnote to determine Sparky's ability to assume additional debt.
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Qualitative Characteristics. Referring to the qualitative characteristics of accounting information...
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