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Which qualitative characteristics or concepts are related

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Reference no: EM132765926

Problem 1: Which of the following qualitative characteristics or concepts are related?

a) Relevance and materiality

b) Understandability and comparability

c) Relevance and understandability

d) Reliability and comparability

Problem 2:  The components of market risk are

a) Credit risk and liquidity risk

b) Currency risk and credit risk

c) Interest rate risk , currency risk and price risk

d) Liquidity risk and currency risk

Reference no: EM132765926

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