All of the Following Are Usually Seen as Valid Reasons

question 3

Multiple Choice

All of the following are usually seen as valid reasons for having different reporting standards for different business entities,except:

• A) information needs of users may be different for different entities
• B) costs of designing and installing an accounting information system may be different for different entities
• C) investors in smaller entities generally do not read financial reports
• D) users of the reports of some entities can obtain special purpose reports for their own use as required