Which factor(s)is/are identified in SAC1 to assist in determining whether an entity has users dependent on general purpose financial reports?
A) Type of accounting system
B) Classes of issued shares
C) Separation of management and ownership
D) All of the above

Question

Quizplus · Accepted Answer

The separation of management and ownership is a key factor identified in SAC1 to assist in determining whether an entity has users dependent on general purpose financial reports, as it indicates a potential need for accountability and transparency through such reports.

Which Factor(s)is/are Identified in SAC1 to Assist in Determining Whether