ACCT 304 WEEK 1 DB II Objective of Accounting Stan

ACCT 304 WEEK 1 DB II Objective of Accounting Stand
A sound foundation is necessary for success in any task from building a house to putting on make-up. In terms of U.S. Accounting Standards, it is also necessary to have a sound foundation, referred to as the conceptual framework. Let- discuss it step by step starting with the objective. What is the objective of accounting standards? 
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