The FASB's conceptual framework includes which of the following as financial reporting objectives?
A)Provide information about how an enterprise obtains and uses cash.
B)Provide information about how management has discharged its stewardship responsibility to owners.
C)Provide information about the economic resources of a firm and the claims on those resources.
D)Provide information that includes explanations and interpretations to help users understand the financial information provided.
E)all of the above

Question

Quizplus · Accepted Answer

The FASB's conceptual framework includes all of the above as financial reporting objectives, which are: 
A) providing information about how an enterprise obtains and uses cash;
B) providing information about how management has discharged its stewardship responsibility to owners;
C) providing information about the economic resources of a firm and the claims on those resources; and 
D) providing information that includes explanations and interpretations to help users understand the financial information provided.

The FASB's Conceptual Framework Includes Which of the Following as Financial