What Is Not an Information Need of Users of Financial

question 39

Multiple Choice

What is not an information need of users of financial information under the IFRS Framework?

• A)Information on the amount of cash flows.
• B)Information about the timing of future cash flows.
• C)Information on the uncertainty of cash flows.
• D)Information about the amount of past cash flows.

---

Definitions:

Role Acceptance

The process by which an individual agrees to occupy a certain position and perform the duties associated with that role.

Role Clarity

The degree to which an individual understands their responsibilities, expectations, and objectives within a specific role.

Role Ambiguity

Occurs when the expectations and responsibilities of a role are unclear to the individual.

Identifiable Roles

Specific, recognizable functions or positions individuals hold within a group or society, which come with certain expectations and responsibilities.