Question
As per your understanding of the objective forfinancial statement according to the framework, pick up the most suitableoption thatfulfillsthe objectivemore appropriately. a. To prepare the
As per your understanding of the objective forfinancial statement according to the framework, pick up the most suitableoption thatfulfillsthe objectivemore appropriately.
a.
To prepare the financial statement in accordance with all applicable standards and interpretations
b.
To prepare and present comparable, relevant, reliable and understandable information to investors andcreditors
c.
To provide information about the financial position, performance, and changes infinancialposition of an entity that is usefulto a wide range of users in making economicdecisions
d.
To prepare and present a balance sheet, an income statement,a cashflow. And a statement of changes in equity
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