Posted by: Pdfprep
Post Date: February 3, 2021
Which of the following most accurately describes the overall objective of financial reporting?
A . Provide information that is useful for decision making
B . Enable International Accounting Standards Board (IASB) to issue more useful and consistent pronouncements
C . Enhance and organization’s financial consistency over time as Board members change
D . To classify an organization’s stakeholders as either internal or external information users
Answer: A
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