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Kitty [74]
2 years ago
13

According to the conceptual framework, the objectives of financial reporting for business enterprises are based on.

Business
1 answer:
poizon [28]2 years ago
3 0

Financial reporting objectives for companies, according to the conceptual framework, are based on user needs, to be used as a periodic assessment of organizational performance.

<h3 /><h3>Financial reports</h3>

Responsible for supporting organizational decision-making, their objective is to analyze, monitor and report the performance of an organization, to determine the financial health of the business, demonstrate transparency and assist in the decision-making process.

Therefore, financial reporting objectives are based on user needs, ie a company uses such reports to measure performance, determine projections, analyze resource utilization and make more effective decisions.

Find out more information about financial reports here:

brainly.com/question/4954869

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3 years ago
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E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.

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7 0
3 years ago
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3 years ago
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