Multiple Choice
A user's main demand is for credible periodic reporting of an enterprise's financial position and performance.Credible means:
A) 100 per cent accurate.
B) easily understandable by users of financial statements.
C) sufficiently trustworthy and competently prepared for it to be used to make decisions.
D) relevant to the needs of decision-makers.
Correct Answer:
Verified
Correct Answer:
Verified
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