What decision would users of financial information need to make under the IFRS Framework?
A)Determining whether to lend to the company.
B)Determining if a company is an ethical company.
C)Determining if the liquidation values are accurate.
D)Determine if the company is socially responsible.

Question

Quizplus · Accepted Answer

Under the IFRS Framework, users of financial information would need to make decisions related to the financial performance and position of a company. These decisions could include determining whether to lend to the company based on its financial health and ability to repay debts. Determining if a company is ethical or socially responsible is not directly related to financial information and is not a decision typically made under the IFRS Framework. While accurate liquidation values are important for understanding a company's financial position, this is not the only decision that users of financial information would need to make.

What Decision Would Users of Financial Information Need to Make