According to the IASB Framework for the Preparation and
Presentation of Financial Statements, the fundamental qualitative
characteristic of relevance includes

(c) The requirement is to identify the qualitative characteristics
of relevance. Answer (c) is correct because the IASB
Framework provides that relevance includes the qualities of predictive
value and confirmatory value. Answer (a) is incorrect
because feedback value is not a characteristic of relevance. Answer
(b) is incorrect because these qualities are the characteristics
of reliability in FASB Concept Statement 1, which is superseded
by SFAC 8. Answer (d) is incorrect because comparability
and timeliness are enhancing characteristics in the IASB Framework.