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What is the objective of financial reporting? Group of answer choices Provide information that excludes claims to the resources. Provide information that clearly portrays nonfinancial
What is the objective of financial reporting?
Group of answer choices
Provide information that excludes claims to the resources.
Provide information that clearly portrays nonfinancial transactions.
Provide information about the reporting entity that is useful to present and potential equity investors, lenders, and other creditors.
Provide information that is useful to management in making decisions.
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