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Find which an entity is limited

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Reference no: EM132576176

Question 1: The primary objectives of financial reporting are to provide useful, relevant information that faithfully represents an entity's financial position. However, in meeting these objectives, an entity is limited by which of the following?

a) The cost-benefit constraint

b) The going-concern assumption

c) The capital maintenance concept

d) The materiality characteristic

Reference no: EM132576176

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