Which of the Following Is Not a Main Section of the Conceptual

question 81

Multiple Choice

Which of the following is not a main section of the conceptual framework of accounting?

• A)The objective of financial reporting
• B)The going concern assumption
• C)Financial analysis
• D)The elements of financial statements

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Definitions:

Without Prejudice

A legal term denoting that actions, statements, or documents are made or presented without any loss or waiver of rights, privileges, or legal standings.

Prejudice

Prejudice is a preconceived opinion or judgment towards people or a group without sufficient knowledge, reason, or direct experience.

Common In Society

Widely found, accepted, or practiced within a society or community.

Discrimination

Unfair treatment of individuals based on their characteristics, such as race, age, gender, or sexuality, rather than individual merit.