Which of the Following Documents First Stated That Users of Financial

Multiple Choice

Which of the following documents first stated that users of financial statements should be knowledgeable and should understand the characteristics and limitations of financial statements?

A) "Objectives of Financial Statements" (Trueblood Committee Report)
B) "Basic Concepts and Accounting Principles Underlying Financial Statements of Business Enterprises" (APB Statement 4)
C) "A Statement of Basic Accounting Theory" (ASOBAT)
D) "Statement of Accounting Theory and Theory Acceptance" (SATTA)