Enhanced business reporting (EBR)focuses on improving business reporting by developing a voluntary framework for presentation and disclosure of value drivers and nonfinancial measures of performance.The advantages of EBR include all of the following except

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The advantages of EBR include more efficient and effective regulatory processes, reduced financing costs for companies, and better allocation of capital by investors. However, better footnote disclosure in the companies' SEC filings is not an advantage of EBR, as it focuses more on presenting and disclosing value drivers and nonfinancial measures of performance rather than on improving the quality of footnotes in SEC filings.

Enhanced Business Reporting (EBR)focuses on Improving Business Reporting by Developing