An implicit assumption of the International Accounting Standards Board$$s

$($IASB$$s$)$ Conceptual Framework is that

a$.$ Information must be decision$-$useful to all potential users of financial

reporting.

b$.$ General$-$purpose financial reporting is the primary source of

information for users of financial reporting.

c$.$ Users need reasonable knowledge of business and financial

accounting matters to understand the information contained in financial

statements.

d$.$ All of the choices are correct.