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The Four Main Objectives of the "Statement of Principles for Financial

Question 17

Multiple Choice

The four main objectives of the "Statement of Principles for Financial Reporting" are:


A) Going Concern, Accruals, Consistency and Prudence
B) Relevance, Reliability, Comparability and Understandability
C) Going Concern, Relevance, Consistency and Comparability
D) Accruals, Prudence, Reliability and Understandability

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