The objectives of business financial reporting detailed in the conceptual framework proceeded directly from which of the following documents?
A)The Trueblood Report
B)SATTA
C)APB Statement 4
D)ASOBAT

Question

Quizplus · Accepted Answer

The Trueblood Report, published in 1973, laid the groundwork for the objectives of financial reporting that were later incorporated into the conceptual framework.

The Objectives of Business Financial Reporting Detailed in the Conceptual