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Which of the following is not an objective of the financial reporting? a. provide info about...

Which of the following is not an objective of the financial reporting?

a. provide info about resources of business and claims to those resources

b. provide info on the fair market value of the business

c. provide info that is useful in making credit and investment decisions

d. provide info useful in assessing cash flow prospect

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Answer : Which of the following is not an objective of the fiancial reporting

b. provide info on the fair market value of the business

the objective of fiancial reproting are :

1. provide infor about the resource of business and claims to those resources.

2.provide info that is useful in making credit and investment decisions

3. provide info useful in assessing cash flow proppect

these objectives are helpful to the different stakeholder to the corporation to make there decisions related to investment. business transaction, and to under stand the future earning of the coropration .

potential of the oraganisation future growth and development in which the organistion operates.

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