What do we mean when we say that financial accounting information is general-purpose?

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What do we mean when we say that financial accounting information is “general-purpose?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Oct 12, 2009 03:15 AM

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What do we mean when we say that financial accounting information is general-purpose?

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To say that financial accounting information is general purpose simply means that ...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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