Which of the following does NOT support the use of Accounting Standards for Private Enterprises (ASPE)?
A. Private enterprises usually have less complex business models.
B. Private enterprises that are going public.
C. Private enterprises usually have fewer users.
D. Private enterprises financial statement users tend to have first-hand information.
Answer:B
Which of the following does NOT support the use of Accounting Standards for Private Enterprises (ASPE)?
A. Private enterprises usually have less complex business models. B. Private enterprises that are going public. C. Private enterprises usually have fewer users. D. Private enterprises financial statement users tend to have first-hand information.