Question

Directions: It may take several well written paragraphs to successfully present your answer to the question, topic or issues AND display evidence of critical thinking.

Truth is NOT one of the qualitative characteristics identified by the FASB conceptual framework. Read the essay “Do Financial Statements tell the truth?” at this blog

http://www.interfluidity.com/v2/960.html

Compose a response that either agrees or disagrees with thisessay. You should also describe how a properly designed AIS supports your response. Provide specific examples that justify your response. Your paper should be between 1 1/2 and 2 pages in length, 12 pt font and margins that are no more than 1 inch on each side.

Answer 1