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One of two main topics in the FASB's Concepts Statement No. 8 is the identification of the objective of GAAP-based financial statements. What is this

One of two main topics in the FASB's Concepts Statement No. 8 is the identification of the objective of GAAP-based financial statements. What is this objective? Also, what groups are meant to be the primary audience of GAAP-based financial based statements?

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