Which of the following statements concerning the cost-benefit relationship is not true? Business reporting should exclude information outside of management's expertise. Management should not be required to report infor

D. If needed by financial statement users, management should gather information not included in the financial statements that would not otherwise be gathered for internal use.

Explanation:

HERE IS COMPLETE QUESTION

Which of the following statements concerning the cost-benefit relationship is not true?

A. Business reporting should exclude information outside of management's expertise.

B. Management should not be required to report information that would significantly harm the company's competitive position.

C. Management should not be required to provide forecasted financial information.

D. If needed by financial statement users, management should gather information not included in the financial statements that would not otherwise be gathered for internal use.

The cost benefit principle is a principle that give acost benefit relationship , and it state that cost incurred during the provision of financial information when issue financial statements should not be more than the benefits that the user will derived from it. This principle allows us to know that financial information can never come freely. Hence only "Option D" is not valid about cost-benefit relationship

a) both were commissioned explorers

correct, but each time you dont pay the price of the penalty can increase.