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What provides the goals and purposes of accounting

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Reference no: EM132683872

Problem 1: In the conceptual framework for financial reporting, what provides "the why"--the goals and purposes of accounting?

A) Measurement and recognition concepts such as assumptions, principles, and constraints

B) Qualitative characteristics of accounting information

C) Elements of financial statements

D) Objective of financial reporting

Reference no: EM132683872

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