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 the options listed (A, B, and C) are indeed objectives of financial reporting. They aim to provide useful information for decision-making regarding investments, credit, and understanding the financial health and potential future performance of entities.

Which of the Following Is Not an Objective of Financial