Objectives of financial reporting


The objectives of financial reporting for non-business enterprises:

A. Are exactly the same as those for business enterprises.

B. Focus on providing information for resource providers, rather than investors.

C. Have more of an internal utilization rather than external reporting focus.

D. Do not give consideration to the cost of providing information.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Objectives of financial reporting
Reference No:- TGS041497

Expected delivery within 24 Hours