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A User's Main Demand Is for Credible Periodic Reporting of an Enterprise's

Question 26

Multiple Choice

A user's main demand is for credible periodic reporting of an enterprise's financial position and performance.Credible means:


A) 100% 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:

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