How did the definition of accounting change from the period before ASOBAT to the issuance of SATTA in 1977 12. 13. Respond to the following List some of the possible groups of financial statement users What is meant by "user diversity," and does user diversity create a potential problem? a. b. 14. Explain the hierarchy of accounting qualties identified in SEAC No. 2 15. Define the elements of financial statements identified in SFAC No. 3 and SFAC No. 6