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what is the primary goal of general-purpose financial statements? 1. To provide the most useful information possible to multiple stakeholders at the least cost 2.
what is the primary goal of general-purpose financial statements?
1. To provide the most useful information possible to multiple stakeholders at the least cost
2. To satisfy regulatory compliance requirements
3. To provide relevant and timely information to management and those charged with governance
4. To protect the investing public
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