Which of the following is NOT a component of a conceptual framework for financial reporting?
A. accountings goals and purposes
B. qualitative characteristics of accounting information
C. foundationalprinciples
D. All of the above are components of a conceptual framework.
Answer:D
Which of the following is NOT a component of a conceptual framework for financial reporting?
A. accountings goals and purposes B. qualitative characteristics of accounting information C. foundationalprinciples D. All of the above are components of a conceptual framework.