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A company is deciding between 2 countries to locate its call center.
A: Which country is preferred by an un-weighted method if high scores indicate low risk.
B: Suppose a consultant recommended that Factor 2 have its weight doubled while Factor 3 should have its weight quadrupled. Which country is best now using a weighted method?
Fundamental Qualities
Essential attributes or characteristics that contribute to the usefulness or value of information, especially in the context of financial reporting.
Verifiability
The quality of being able to be proven or confirmed as accurate or true.
Timeliness
The aspect of delivering or completing a task within an expected or designated timeframe.
Faithful Representation
A fundamental qualitative characteristic in financial reporting, ensuring that financial statements are complete, neutral, and free from material error.
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