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Which of the following is not an objective of financial reporting? (check all which apply) a.To provide information about the businesses resources and claims against
Which of the following isnotan objective of financial reporting? (check all which apply)
a.To provide information about the businesses resources and claims against those resources.
b.To guarantee that a business will be profitable.
c.To minimize the amount of income tax the business must pay to the U.S. government.
d.To provide information which helps users predict the business' future cash flows.
e.To provide information which is useful to investors and creditors.
f.To prevent competitors from offering a similar product.
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