Listed below are five terms followed by a list of phrases th…

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct number code for the term. TERM PHRASE Term number that matches the phrase. 1. Predictive value Information is useful in projecting cash flows. _________ 2. Relevance Pertinent to the decision at hand. _________ 3. Distribution to owners Information is available prior to the decision. _________ 4. Confirmatory value Decrease in equity due to transfers to owners. _________ 5. Timeliness Information confirms expectations. _________