Differential Reporting Is Based On

Multiple Choice

Differential reporting is based on:

A) small and large proprietary companies having the same requirements to comply with accounting standards in the preparation of financial reports.
B) the burden of additional reporting for some organisations in situations where there were questionable benefits to report preparers.
C) the difference between the ability of shareholders in 'small' and those in 'large' companies to request information to satisfy their specific needs.
D) none of the given answers.