The FASB's conceptual framework for financial reporting objectives identify the provision of information to make _____ as the principal purpose of financial reports.
A)investment decisions, only
B)credit decisions, only
C)employment decisions
D)management decisions
E)investment and credit decisions

Question

Quizplus · Accepted Answer

The FASB's conceptual framework for financial reporting identifies the provision of information to make both investment and credit decisions as the principal purpose of financial reports.

The FASB's Conceptual Framework for Financial Reporting Objectives Identify the Provision