The Underlying Conditions That Create Demand by Users for Reliable

question 30

Multiple Choice

The underlying conditions that create demand by users for reliable financial information include the fact that ________.

• A)more reliable information will allow investors to calculate the rate of return on their investment
• B)users are separated from accounting records by distance and time
• C)governments rely on such information to create tax policies
• D)there is a need for the expression of an opinion as to the fairness of financial statements

---

Definitions:

Intermittent Organizations

Organizations that deal with products of a lesser magnitude than do project organizations; their products are not necessarily unique but possess a significant number of differences.