What decision would users of financial information not need to make under the IFRS Framework?
A)Decide whether to invest in an entity.
B)Information on an entity's economic performance.
C)Amount of money to borrow from an entity.
D)Assessment of the riskiness of cash flows.

Question

Quizplus · Accepted Answer

The IFRS Framework provides information on an entity's financial performance and position, including cash flows, but it does not provide guidance on the amount of money to borrow from an entity. This decision depends on factors such as the borrower's creditworthiness, interest rates, and market conditions, which are outside the scope of financial reporting standards. Therefore, users of financial information would need to make their own assessment of the borrowing capacity and options available to them.

(Note: Choices A, B, and D are decisions that users of financial information may need to make under the IFRS Framework.)

What Decision Would Users of Financial Information Not Need to Make