The Underlying Conditions That Create Demand by Users for Reliable

Multiple Choice

The underlying conditions that create demand by users for reliable financial information include the fact that

A) More reliable information will allow investors to calculate the rate of return on their investment.
B) Users are separated from accounting records by distance and time.
C) Governments rely on such information to create tax policies.
D) There is a need for the expression of an opinion as to the fairness of financial statements.