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Which of the follow statements regarding the primary objective of financial reporting is correct? O A. O B. The primary objective of financial reporting is

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Which of the follow statements regarding the primary objective of financial reporting is correct? O A. O B. The primary objective of financial reporting is to provide information useful for the acquisition of long-term assets. Information that is faithfully represented is complete, neutral, and free from error. To be useful, information must ollow the Genera y Accepted Accounting Principles which are created and governed by the Securities and Exchange Commission Relevant information ensures that users of the information will make the correct decisions. O D

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