Which of the following are NOT potential users of financial reports as identified in SAC 2?
A) Resource providers,including investors,lenders,creditors,suppliers and employees
B) Recipients of goods and services,such as customers
C) Parties performing a review or oversight function,which may include governments,regulatory agencies (such as ATO) ,labour unions,financial analysts,employer groups and the media
D) Managers,accountants and standard setters
Correct Answer:
Verified
Q11: The objective of financial reporting is to
Q12: The Financial Reporting Council (FRC)was established by
Q13: Accounting principles initially drew their authority from
Q14: Accounting standards in the USA are issued
Q15: Which of the following is not a
Q17: Since 2005,the main influence on Australian accounting
Q18: Accounting principles:
A)should be accepted by people and
Q19: The body that is responsible for the
Q20: AASB stands for Australian Accounting Standards Board.
Q21: Information that is free from error and
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