Objectives of Financial Reporting

question 4

Essay

Objectives of financial reporting
What are the objectives of financial reporting by business enterprises?

---

Definitions:

Cyclones

Large scale air mass that rotates around a strong center of low atmospheric pressure, associated with storms and bad weather.

Environmental Racism

The disproportionate impact of environmental hazards on minority communities due to discriminatory practices.

Disproportionately

Refers to an unequal or imbalanced distribution or representation in comparison with a standard or expected ratio.

Air Pollution

The presence of substances in the atmosphere that are harmful to the health of humans and other living beings or cause damage to the climate or to materials.