Whatis a major objective of financial reporting? - ProProfs Discuss
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Whatis a major objective of financial reporting?



A. Provide information that is useful to management in making decisions.
B. Provide information that is useful to assess the amounts, timing, and uncertainty of perspective cash receipts.
C. Provide information that excludes claims to the resources.
D. Provide information that clearly portray nonfinancial transactions.

This question is part of Accounting Chapter 1
Asked by Aeriwyn, Last updated: Dec 18, 2019

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aeriwyn

Aeriwyn

Answered Sep 16, 2017

Provide information that is useful to assess the amounts, timing, and uncertainty of perspective cash receipts.
 

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