Identify each of the following statements
Identify each of the following statements as related to either the
objective (O) of financial information or a qualitative (Q)
characteristic of accounting information:
a . Information about business resources, claims to those resources,
and changes in them should be provided.
b . Decision makers must be able to interpret accounting information.
c . Information that is useful in making investment and credit
decisions should be furnished.
d . Accounting information must exhibit relevance and faithful
e . Information useful in assessing cash flow prospects should be