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that is the whole question, It is not incompletr 4. The IASB/FASB joint conceptual framework for financial reporting articulates the following as the objective of

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that is the whole question, It is not incompletr
4. The IASB/FASB joint conceptual framework for financial reporting articulates the following as the objective of financial reporting: a. Providing management with useful information necessary to make decisions about future firm-wide courses of action, including international investment. b. Providing information that is useful to investors and creditors in decisions about providing resources to a firm. C. Providing management, investors, and creditors with information regarding long-term investment opportunities. d. Providing information that is useful principally to management in determining future cash flow needs through borrowing or through the issuance of equity securities

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