What are the major limitations of a statement of financial position as a source of information for users of general purpose financial statements?

What are the major limitations of a statement of financial position as a source of information for users of general purpose financial statements?

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Related Book For answer-question

Applying International Financial Reporting Standards

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

ISBN: 978-0730302124