Which of the following would not be included in FASB Statement of Financial Accounting Concepts #4, which identifies the information needs of the users of non-business financial statements?
A) Assessing services provided by a non-business organization and its ability to continue to provide those services
B) Format and content of financial statements
C) Assessing managements' stewardship and performance
D) Evaluation of an organization's resources, obligations and effects of changes in net resources

Question

Quizplus · Accepted Answer

In Statement of Financial Accounting Concepts #4, the FASB identifies the information needs of the users of nonbusiness financial statements. These include providing information that is useful to present and potential resource providers in the following; Making decisions about the allocation of resources to those organizations. Assessing the services that a nonbusiness organization provides and its ability to continue to provide those services. Assessing management's stewardship and performance and evaluating an organizations economic resources, obligations, and effects of changes in those net resources.

Which of the Following Would Not Be Included in FASB