Question

All of the following support the objective of financial reporting except providing information that 1. Concerns enterprise resources and claims to those resources. 2. Is useful for making investment and credit decisions. 3. Helps investors and creditors predict future cash flows. 4. Helps management evaluate alternative projects.

Answer 1

The answer is 3. Helps investors and creditors predict future cash flows.

Step-by-step explanation:

The prime objective of financial reporting is to provide the investors and other economic parties with related, relevant and accurate information of the entity and it's functioning.

However, predicting cash flows is not an objective of the financial reporting. It is a role of the accounting.