Accounting 0452 · IGCSE · Accounting principles

Accounting principles — practice question

What does the objective of understandability presume users of financial statements will have?

  • Aa reasonable knowledge of accounting
  • Bfull knowledge of accounting
  • Cknowledge of book-keeping but not accounting
  • Dno knowledge of book-keeping or accounting

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI