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The FASB has explicity stated the specific objectivities of financial accounting. Which of the following is not one of those objectives? Tells about economic resources,
The FASB has explicity stated the specific objectivities of financial accounting. Which of the following is not one of those objectives?
Tells about economic resources, claims to resources, and changes in resources and claims.
Helps to predict cash flows.
It is useful to investors and creditors in making decisions.
It is useful to company management in making decisions.
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
