Which of these is one of the recent changes to the list of qualitative characteristics in the Conceptual Framework?
A) The removal of relevance from the list.
B) The addition of verifiability as an additional characteristic.
C) The additional of understandability to the list.
D) The removal of comparability from the list.

Question

Quizplus · Accepted Answer

Verifiability was added as an additional characteristic to enhance the reliability and credibility of financial information, ensuring that different knowledgeable and independent observers can reach consensus that a particular depiction is faithfully represented.

Which of These Is One of the Recent Changes to the List