The Two Types of Qualitative Characteristics Specified in the Conceptual

question 62

Multiple Choice

The two types of qualitative characteristics specified in the Conceptual Framework are:

• A) relevance and reliability
• B) faithful representation and relevance
• C) comparability and verifiability
• D) understandability and timeliness

---

Definitions:

Maine

A state in the northeastern tip of the United States, known for its scenic landscapes and maritime history.

Disbarment

The process of removing a lawyer from the bar association, making them no longer eligible to practice law.

License

A formal permission granted by a competent authority to engage in a certain activity or to use a specific item that would otherwise be illegal or infringing on rights.

Unethical Conduct

Behaviors or practices that violate moral or professional standards of behavior, often leading to disciplinary actions.