IASB’s Conceptual Framework gives four enhancing qualitative characteristics of financial information. What are these four characteristics?? Relevance, Faithful representation, Comparability and Consistency|Relevance, Faithful representation, Accrual and Going concern|Relevance, Faithful representation, and Verifiability|Comparability, Verifiability, Timeliness and Understandability

Which of the following was NOT a motivation for creating the Global Investment Performance Standards (GIPS) A: Increase the role of government agencies in the investment industry. B: Achieve greater uniformity and comparability among presentations of performance. C: Improve the service offered to investment management clients.

The authors main purpose in writing this article is______ A: to show that uniyersities are better than the University Colleges and Institutes B: to explain the differences between universities and the University Colleges and Institutes C: to assure students, parents and sponsors that the degrees awarded by the university Colleges and Institutes have equal international recognition and comparability with other British degrees D: to show the merits and advantages of the University Colleges and Institutes