Clarity in Accounting

To calculate complex financial ratios

To ensure financial information is presented clearly and understandably (correct)

To determine tax liabilities

To assess market trends

By minimizing the need for financial disclosures

By providing transparent and easily comprehensible financial information (correct)

By simplifying complex accounting standards

By maximizing tax deductions

Enhanced investor confidence

Streamlined regulatory compliance

Misinterpretation of financial performance (correct)

Increased market stability