The joint IASB/FASB qualitative characteristics Exposure Draft identifies a logical order in which to evaluate the qualities.That order (first, second, third) is

A) faithful representation, relevance, enhancing characteristics
B) relevance, enhancing characteristics, faithful representation
C) relevance, faithful representation, enhancing characteristics
D) enhancing characteristics, relevance, faithful representation

The joint IASB/FASB qualitative characteristics Exposure Draft identifies the order in which to evaluate the qualities as relevance being evaluated first, followed by faithful representation, and then enhancing characteristics. This is done to ensure that the information presented is both relevant to the decision-making process and accurately represents the underlying events and circumstances. Enhancing characteristics are evaluated last to ensure that they do not override relevance and faithful representation. Therefore, option C is the correct answer.