Question

The basic objective of financial reporting is to provide information useful to investors, creditors and other users in making sound investment decisions. It includes not only financial statements but also other means of communicating information that relates directly or indirec

Answer 1

Answer:

basic objective of financial reporting is to provide information useful to investors, creditors and other users in making sound investment decisions. It includes not only financial statements but also other means of communicating information that relates directly or indirec

Answer 2

Principle of Availability - An organization shall maintain records in a manner that ensures timely, efficient, and accurate retrieval of needed information. ... The Principles were vetted through a public call-for-comment process involving the professional records information management (RIM) community.