Objectives of financial reporting do NOT include
A. providing information that is useful to users in making resource allocation decisions.
B. providing information about the liquidation value of an enterprise.
C. providing information about an entitys economic resources, obligations, and equity/net assets.
D. providing information about changes in an entitys economic resources, obligations, and equity/net assets.
Answer:B
Objectives of financial reporting do NOT include
A. providing information that is useful to users in making resource allocation decisions. B. providing information about the liquidation value of an enterprise. C. providing information about an entitys economic resources, obligations, and equity/net assets. D. providing information about changes in an entitys economic resources, obligations, and equity/net assets.