Which of the following is not an objective of financial reporting?
A)To provide information about economic resources, the claims to those resources, and the changes in them.
B)To provide information that is helpful to investors and creditors and other users in assessing the amounts, timing, and uncertainty of future cash flows.
C)To provide information that is useful to those making investment and credit decisions.
D)All of these are objectives of financial reporting.

Question

Quizplus · Accepted Answer

All three options listed in A, B, and C are objectives of financial reporting. Therefore, D is the correct answer as it states that all of them are objectives.

Which of the Following Is Not an Objective of Financial