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Which of the Following Is Not an Objective of Financial

Question 49

Multiple Choice

Which of the following is not an objective of financial reporting?


A) To provide information about an entity's economic resources, obligations and equity/net assets.
B) To provide information that is helpful to investors and creditors and other users in making resource allocation decisions and/or assessing management stewardship.
C) To provide information that is useful in assessing the economic performance of the entity.
D) All of these are objectives of financial reporting.

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