Which of the Following Statements About the Objective of General

question 33

Multiple Choice

Which of the following statements about the objective of general purpose financial reports (GPFRs) , as contained in the IASB's Conceptual Framework, is correct?

• A) GPFRs will generally satisfy user's needs for information.
• B) The IASB's Conceptual Framework deliberately emphasises sustainability as an objective of GPFRs.
• C) The entity perspective has been adopted when defining the objectives of GPFRs.
• D) The primary users of GPFRs are seen as being a diverse group including shareholders, creditors, regulators, members of the public, etc.

---

Definitions:

Desktop Slideshow

A computer feature that allows users to display a rotating set of wallpapers on their desktop.

Administrator Account

A user account with full permissions to modify, delete, and create new files, settings, and users on a computer or network.

Secure Passwords

Strong passwords that are hard to guess or crack, usually containing a mix of letters, numbers, and symbols, to protect user accounts.

Special Characters

Symbols or characters that are not found on a standard keyboard, used to perform specific functions or to represent specific values.