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متابعة

A primary objective of external financial reporting is:

A. Direct measurement of the value of a business enterprise.

B. Provision of information that is useful to present and potential investors, creditors, and others in making rational financial decisions regarding the enterprise.

C. Establishment of rules for accruing liabilities.

D. Direct measurement of the enterprise’s stock price.

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تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2015/02/25
Mobeen Tahir
من قبل Mobeen Tahir , Credit Officer , Tawuniya Insurance

In my opinion it must be B.

BENNY MANGAN DEVASSY
من قبل BENNY MANGAN DEVASSY , SENIOR INTERNAL AUDITOR , MEZZAN HOLDING

Answer is B. The major purpose of of external finacial reporting to issue an independent report about company which help others to take their financial decision.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

correct answer is B

 

Sarfraz Ahmed
من قبل Sarfraz Ahmed , Finance Manager , IBEHS LLC

The Correct Answer is Option No B....

jafar vadakkengara
من قبل jafar vadakkengara , ACCOUNTS/PROCUREMENT/SALES SUPERVISING. , AL ITAN FOODSTUFF TRADING

 Provision of information that is useful to present and potential investors, creditors, and others in making rational financial decisions regarding the enterprise.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Option B:

According to IAS-1 Presentation of Financial Statements, primary  objective of external financial reporting is to provide useful information to the intended users of financial statement for their future decisions about the co. 

Khurram Shaukat Memon
من قبل Khurram Shaukat Memon , Senior Auditor , A.A. Baig and Company Chartered accountants

Prime objective of this task is well described in option (b).

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Provision of Information useful to stakeholders outside the organization in making rational financial decision regarding the enterprise

Ahmed kandil
من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer B is the correct answer 

thanks 

Usman Jillani
من قبل Usman Jillani , Accounting & Controls Manager , Wataniya Sponge Company, Manufacturing

B is correct. Rest are irrelevant

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