Enhanced Business Reporting (EBR)focuses on improving business reporting by developing a voluntary framework for presentation and disclosure of value drivers and non-financial measures of performance.The advantages of EBR include all of the following except
A)more efficient and effective regulatory process.
B)reduced financing costs for companies.
C)better allocation of capital by investors.
D)better footnote disclosure in the companies' SEC filings.

Question

Quizplus · Accepted Answer

The advantages of EBR include more efficient and effective regulatory process, reduced financing costs for companies, and better allocation of capital by investors. There is no mention of better footnote disclosure in SEC filings as an advantage of EBR.

Enhanced Business Reporting (EBR)focuses on Improving Business Reporting by Developing