Which primary objective of financial reporting is to assist

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Reference no: EM132992629

Problem 1: The Conceptual Framework of Accounting deals with

a. Tax laws and regulations

b. SEC rules and regulations

c. Code of Ethics for professional accountants

d. Concept of capital and capital maintenance

Problem 2: A primary objective of financial reporting is to assist

a. Investors in analyzing the company

b. Investor the predict prospective cash flows.

c. Bank to determine an appropriate interest for their commercials loans

d. Suppliers in determining an appropriate discount to offer a particular company

Reference no: EM132992629

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