In Australia,according to SAC 2 'Objective of General-Purpose Financial Reporting',the

question 17

Multiple Choice

In Australia,according to SAC 2 'Objective of General-Purpose Financial Reporting',the primary user groups(s) of general purpose financial reports are:

• A) Resource providers
• B) Recipients of goods and services
• C) Parties performing a review or oversight function
• D) All of the given options are correct.

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Definitions:

Compassion

A profound understanding of and compassion for someone else's pain, paired with a wish to mitigate their distress.

Heart

Often metaphorically used to refer to the emotional or moral core of an individual or their capacity for empathy and love.

Relationship

A connection, association, or involvement between two or more parties, individuals, or entities.

Self-Discipline

The ability to control one's feelings and overcome one's weaknesses; the ability to pursue what one thinks is right despite temptations to abandon it.