Financial statements under the IFRS Framework do not help users with what kind of objective(s)?
A)Alleviating moral hazard.
B)Forecasting future product growth.
C)Prediction of future earnings.
D)Evaluating the riskiness of an investment.

Question

Quizplus · Accepted Answer

Financial statements under the IFRS framework primarily aim to provide relevant and reliable information to users for decision-making purposes, including evaluating past performance and financial position. However, they do not specifically address forecasting future product growth.

Financial Statements Under the IFRS Framework Do Not Help Users