What is the objective of general-purpose financial reporting? A. To provide companies with the option...

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Accounting

What is the objective of general-purpose financial reporting? A. To provide companies with the option to select information that favours one set of interested parties over another NumLockB. To provide financial position about the reporting entity that is useful for presenting to potential equity investors, lenders, and other creditors in making decisions in their capacity as capital providers C. To provide users with financial information that implies total freedom from error D. To provide a metric for financial information used to determine when the boundary between two or more entities should be disregarded and the entities considered to be a licensing arrangement

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