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.