Which of the Following Is Not an Objective of Financial

question 42

Multiple Choice

Which of the following is not an objective of financial reporting?

• A) Provide information useful in assessing amount, timing, and uncertainty of future cash flows.
• B) Provide information useful in making investment and credit decisions.
• C) Provide information about economic resources, claims to resources, and changes in resources and claims.
• D) Provide information to guarantee the enterprise achieves its goals, objectives, and mission.

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Definitions:

Designated Name

A specific identifier assigned to elements in a program or system for easier reference and access, often used in contexts like named loops or specific variables in structures.

Fclose()

A function in C programming utilized to close an open file pointer, effectively ending any further read or write operations to the file.

Function

A reusable block of code designed to perform a specific task, which takes inputs, processes them, and returns a result.

File Stream

Objects in various programming languages that facilitate reading from and writing to files.