The first part of the conceptual framework project had to do with
A)elements
B)objectives
C)qualitative characteristics
D)recognition and measurement

Question

Quizplus · Accepted Answer

The first part of the conceptual framework project dealt with objectives, specifically the objectives of financial reporting. This foundational aspect sets the stage for the rest of the framework by defining the purpose and goals of financial reporting.

The First Part of the Conceptual Framework Project Had to Do