The costs of providing useful information do NOT include
A)collecting, processing and distributing information.
B)auditing financial statements.
Conceptual Framework Underlying Financial Reporting 2 - 9
C)disclosure to competitors.
D)users' allocation of resources.

Question

Quizplus · Accepted Answer

Disclosure to competitors is not a cost of providing useful information because it does not involve the collection, processing, or distribution of information.

The Costs of Providing Useful Information Do NOT Include