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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
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 Step by Step Solution
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