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  2. Topic
    Business
  3. Study Set
    Issues in Financial Accounting Study Set 1
  4. Exam
    Exam 2: The Conceptual Framework: Purpose, reporting Entity, the Objective of Financial Reporting, and Qualitative Characteristics
  5. Question
    The Major Beneficiary from the Development of a Conceptual Framework
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The Major Beneficiary from the Development of a Conceptual Framework

Question 7

Question 7

Multiple Choice

The major beneficiary from the development of a conceptual framework is expected to be:


A) governments
B) preparers of financial reports
C) accounting standard setters
D) managers

Correct Answer:

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