Which of the Following Is NOT a Suggested Objective for Financial

question 44

Multiple Choice

Which of the following is NOT a suggested objective for financial statements for public sector entities?

• A)To determine if programs are economical, efficient, and effective.
• B)To provide an accounting of financial affairs and resources.
• C)To enable evaluation of compliance with legislation.
• D)To provide information on financing and investing activities.

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Definitions:

Wealthy

Having an abundance of valuable possessions or money, often implying a level of financial security and material comfort.

Social Philosophy

A branch of philosophy that deals with the study of society and its institutions, addressing questions about justice, rights, and the nature of social relations.

Unequal

Imbalanced or unfairly distributed, often referring to situations where resources, power, or opportunities are not distributed evenly among individuals or groups.

Equal

Having the same value, measure, or quantity as another object or condition.