In June 2009,in Relation to the IASB/FASB Joint Conceptual Framework

Multiple Choice

In June 2009,in relation to the IASB/FASB joint conceptual framework project,one exposure draft relating to the objectives and qualitative characteristics has been issued.Which of these statements concerning the reception of the exposure draft is true?

A) Most respondents agreed with designating present and potential capital providers as the primary user group for general purpose financial reporting
B) Most respondents agreed that not designating stewardship as a separate objective was unimportant
C) Most respondents agreed with the list of qualitative characteristics included in the exposure draft.
D) Most respondents agreed that financial reports should be prepared from the proprietorship perspective