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Quality Of Information
Pertains to the degree of accuracy, reliability, and relevance of data or information, ensuring it is fit for making decisions.
Predictive Value
The capability of financial information to help users make accurate forecasts about future events or outcomes.
Confirmatory Value
The aspect of relevant financial information that helps users of financial statements confirm or correct prior expectations.
Mispriced Security
A financial security (such as a stock or bond) that is selling for a price significantly different from its intrinsic value.
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