name any two qualitative features of accounting equation?
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Explanation:
Fundamental (Primary) Qualitative Characteristics
Qualitative characteristics of accounting information that must be present for information to be useful in making decisions:
Relevance
Representational faithfulness
Enhancing (Secondary) Qualitative Characteristics
Qualitative characteristics of accounting information that impact how useful the information is:
Verifiability
Timeliness
Understandability
Comparability
https://corporatefinanceinstitute.com/resources/knowledge/accounting/qualitative-characteristics-of-accounting-information/
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