The overall objective of financial reporting is to provide information
A) that is useful for decision making.
B) about an enterprise's assets,liabilities,and owners' equity.
C) about an enterprise's financial performance during a period.
D) that allows owners to assess management's performance.

Question

Quizplus · Accepted Answer

The overall objective of financial reporting is to provide information that is useful for decision making by various stakeholders, including investors, creditors, and management.

The Overall Objective of Financial Reporting Is to Provide Information