The IASB Framework Defines the Objective of General Purpose Financial

The IASB Framework defines the objective of general purpose financial reporting as:

A) to provide about the reporting entity that is useful to existing and potential investors, lenders and other creditors in making decisions about providing resources to the entity
B) to decide whether the reporting entity is achieving its objectives in accordance with Generally Accepted Accounting Principles
C) to give a true and fair view of the financial position and performance of the entity
D) None of the above