Which of the following is not one of the major reporting objectives of financial statement preparers?
A)Prediction of future cash flows
B)Compliance monitoring
C)Fraud detection
D)Performance evaluation

Question

Quizplus · Accepted Answer

Fraud detection is not a primary objective of financial statement preparation; the main objectives are to provide information useful for decision-making, such as predicting future cash flows, compliance monitoring, and performance evaluation.

Which of the Following Is Not One of the Major