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1-direct measurement of the value of abusiness enterprise
2-provision of information that is useful topresent and potenial investors ,creditors,and others in making rational financial decisions regarding the enterprise
3-establishment of rules for accruing liabilites
4-direct measurement of the enterprise's stock price
I reckon option2 should be the correct answer broda!
Its No.2, provision of information that is useful to present and potential investors ,creditors,and others in making rational financial decisions regarding the enterprise.
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