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

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Here is the solution for According to the FASB conceptual framework, the objectives of financial reporting for business enterprises are based on:. The solution is given after the options.

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

Generally accepted accounting principles.

Reporting on management’s stewardship.

The need for conservatism.

The needs of the users of the information.

Correct Answer

The needs of the users of the information.

Explanation:

The needs of the users of the information. is the answer for According to the FASB conceptual framework, the objectives of financial reporting for business enterprises are based on:

Conclusion:

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