Which of the Following Is Not a Characteristic Used to Judge

Multiple Choice

Which of the following is not a characteristic used to judge whether an entity is a reporting entity that should prepare general purpose financial reports?

A) Whether the entity has economic or political importance.
B) The size or indebtedness of the entity.
C) The structure of the entity, e.g. whether it is a sole trader or a company.
D) Whether ownership and management are separate.