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1. A general purpose financial statements means: A. a financial report intended to meet the information needs of preparers B. a financial report prepared by

1. A general purpose financial statements means:

A. a financial report intended to meet the information needs of preparers

B. a financial report prepared by the company for the needs of any user

C. a financial report intended to meet the information needs of users who are able to command the preparation of reports to satisfy all of their information needs

D. a financial report intended to meet the information needs of users who are unable to command the preparation of special purpose reports

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