How many presentation and disclosure objectives are there?
A) two
B) four
C) one
D) three

Question

Quizplus · Accepted Answer

There are four presentation and disclosure objectives- (1) Providing information about the entity's accounting policies, (2) Providing information about the uncertainty and risk surrounding amounts and disclosures, (3) Providing information about significant events and transactions, and (4) Providing information about performance and cash flow.

How Many Presentation and Disclosure Objectives Are There