Which of the following pairs of qualitative characteristics are most likely to be in conflict?
A) Comparability and verifiability
B) Relevance and comparability
C) Understandability and timeliness
D) Relevance and faithful representation

Question

Quizplus · Accepted Answer

Relevance and faithful representation can sometimes be in conflict because providing the most relevant information quickly may lead to sacrificing some accuracy or completeness, which affects faithful representation. Conversely, ensuring information is complete and accurate (faithful representation) might delay its release, impacting its relevance.

Which of the Following Pairs of Qualitative Characteristics Are Most