Examlex
Based on Sean's Student Story, which is about cardiorespiratory fitness, he needs to adjust his exercise routine in order to improve his cardiorespiratory fitness. Which of the following principles of fitness training should he pay particular attention to when making changes to increase his cardiorespiratory fitness?
Qualitative Characteristic
A fundamental attribute that makes the information provided in financial statements useful to users.
Going Concern
An accounting principle that assumes a company will continue in operational existence for the foreseeable future, without the intention or necessity of liquidation.
Comparability
The ability to compare financial information across different entities or time periods to understand economic similarities and differences.
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