Answer: Understandability
Explanation: The financial statements must provide information that is understandable by the users. In other words, understandability means that the information to be read allows users to properly capture what is being communicated in these financial statements. There are several end users of the financial statements, for example, one of those users of the information contained in a set of financial statements may be someone who is not a qualified professional financier and therefore does not have full knowledge of the accounting and presentation requirements established for these reports.
Answer:
<h3>"our fathers brought forth on this continent, a new nation, conceived in Liberty".</h3>
Explanation:
- The excerpt "our fathers brought forth on this continent, a new nation, conceived in Liberty" from Gettysburg address shows how Lincoln choose words to connect his speech to the declaration of independence.
- This line reminds us that during the declaration of the American independence, the founding fathers of the constitution chose to set up a country based on the values of freedom and equality. Lincoln connects this line to address that their aspirations would be honored with full devotion.
