Question: Knowledge Check 0 1 The FASB has explicitly stated the specific objectives of financial accounting. Which of the following is not one of those objectives?
Knowledge Check
The FASB has explicitly stated the specific objectives of financial accounting. Which of the following is not one of those objectives?
Multiple Choice
It is useful to investors and creditors in making decisions.
Helps to predict cash flows.
Tells about economic resources, claims to resources, and changes in resources and claims.
It is useful to company management in making decisions.
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