The enhancing qualitative characteristics that make financial information useful for decision-making are:$\begin{array}{lllll}&I&II&III&IV\
\text { comparability } & \text { Yes } & \text { Yes } & \text { No } & \text { No } \
\text { relevance } & \text { Yes } & \text { Yes } & \text { No } & \text { Yes } \
\text { understandability } & \text { Yes } & \text { No } & \text { No } & \text { No } \
\text { faithful representation } & \text { Yes } & \text { No } & \text { No } & \text { Yes }
\end{array}$
A) I;
B) II;
C) III;
D) IV.

Question

Quizplus · Accepted Answer

The enhancing qualitative characteristics of financial information include comparability, relevance, understandability, and faithful representation, which are all present in option I.

The Enhancing Qualitative Characteristics That Make Financial Information Useful for Decision-Making