The underlying conditions that create demand by users for reliable financial information include the fact that ________.
A)more reliable information will allow investors to calculate the rate of return on their investment
B)users are separated from accounting records by distance and time
C)governments rely on such information to create tax policies
D)there is a need for the expression of an opinion as to the fairness of financial statements

Question

Quizplus · Accepted Answer

Users are often separated from the accounting records by both distance and time, which creates a demand for reliable financial information to bridge this gap and ensure that they have accurate and timely data for decision-making.

The Underlying Conditions That Create Demand by Users for Reliable