What decision would users of financial information need to make under the IFRS Conceptual Framework?
A)Determining whether to lend to the company.
B)Determining if a company is an ethical company.
C)Determining if the liquidation values are accurate.
D)Determine if the company is socially responsible.

Question

Quizplus · Accepted Answer

The IFRS Conceptual Framework provides information that helps users to make decisions related to lending money to the company. It provides information about a company's financial performance, which is vital to any lending decision. The other choices listed do not relate to decision-making under the IFRS Conceptual Framework.

What Decision Would Users of Financial Information Need to Make