Asked by Joseph Amberg on Apr 29, 2024
Verified
In its "Objectives of Financial Reporting by Business Enterprises" the FASB identified a variety of primary users including all of the following except
A) internal management
B) investors
C) creditors
D) security analysts
Objectives of Financial Reporting
The goals intended to be achieved through the disclosure of financial information, including providing insight into a company's financial health for decision-making purposes.
Internal Management
The process and practice of managing the internal operations and resources of an organization.
Security Analysts
Professionals who evaluate and report on the viability, stability, and profitability of businesses, stocks, and securities.
- Discern the wide-ranging and exact intentions of financial reporting as per the FASB's provisions.
Verified Answer
Learning Objectives
- Discern the wide-ranging and exact intentions of financial reporting as per the FASB's provisions.
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