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The objectives of financial reporting for non-business enterprises:

A. Are exactly the same as those for business enterprises.

B. Focus on providing information for resource providers, rather than investors.

C. Have more of an internal utilization rather than external reporting focus.

D. Do not give consideration to the cost of providing information.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M941497

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