2016美国注册会计师《财务会计与报告》预习题(3)

　　1.cording to the FASB and IASB conceptual frameworks, the primary users of financial reports include all of the following, except:

　　a. Regulators.

　　b. Creditors.

　　c. Lenders.

　　d. Investors.

　　答案：A

　　Explanation

　　Choice "a" is correct. The FASB and IASB conceptual frameworks indicates that regulators are not considered to be primary users.

　　Choice "d" is incorrect. Investors are primary users.

　　Choice "b" is incorrect. Creditors are primary users.

　　Choice "c" is incorrect. Lenders are primary users.

　　2.cording to the FASB and IASB conceptual frameworks, useful information must exhibit the fundamental qualitative characteristics of:

　　a. Neutrality and verifiability.

　　b. Understandability and timeliness.

　　c. Faithful representation and relevance.

　　d. Comparability and materiality.

　　答案：C

　　Explanation

　　Choice "c" is correct. The fundamental qualitative characteristics of useful financial information are relevance and faithful representation.

　　Choice "d" is incorrect. Comparability is an enhancing qualitative characteristic. Materiality is a component of relevance, in addition to predictive value and confirming value.

　　Choice "b" is incorrect. Understandability and timeliness are enhancing qualitative characteristics of useful financial information.

　　Choice "a" is incorrect. Verifiability is an enhancing qualitative characteristic. Neutrality is a component of faithful representation.