List A 1. Predictive value
2. Relevance
3. Timeliness
4. Distribution to owners
5. Confirmatory value
6. Understandability
7. Gain
8. Faithful representation
9. Comprehensive income
10. Materiality
11. Comparability
12. Neutrality
13. Recognition
14. Consistency
15. Cost effectiveness
16. Verifiability
List B
a. Decreases in equity resulting from transfers to owners.
b. Requires consideration of the costs and value of information.
c. Important for making interfirm comparisons.
d. Applying the same accounting practices over time.
e. Users understand the information in the context of the decision being made.
f. Agreement between a measure and the phenomenon it purports to represent.
g. Information is available prior to the decision.
h. Pertinent to the decision at hand.
i. Implies consensus among different measurers.
j. Information confirms expectations.
k. The change in equity from nonowner transactions.
l. The process of admitting information into financial statements.
m. The absence of bias.
n. Results if an asset is sold for more than its book value.
o. Information is useful in predicting the future.
p. Concerns the relative size of an item and its effect on decisions.

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.