The term special purpose financial statements refers to the fact that the informatiison in the reports The term special purpose financial statements refers to the fact that the information in the reports is:

Select one:

a.prepared for users who have specialised needs and have the authority to obtain the required information.

b.prepared to provide general information for use by all users.

c.useful for special purposes but not in making specific decisions.

d.available to everybody who requires specialised information.