18. Which of the following is a true statement regarding the Statement of Financial Accounting Concepts? (2 Points) SFAC maintains that financial statements should be geared toward specific needs of particular user groups. The six statements making up the conceptual framework do not establish generally accepted accounting principles SFAC takes the position that users of financial statements must be assumed to not be knowledgeable about financial information and reporting With regard to users, SFAC established that financial statements shouldn't be aimed at a common core of similar information users