Following are limitations of financial information ________________.

Helps stock exchanges

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Report on stewardship function

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Assets may not realise

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Aids trade associations in helping their members

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Solution

The correct option is C Assets may not realise
Financial statements have a lot of limitations one being that the financial statements show the assets at the historical cost and not the current market price. They do not record the fluctuations in the price, there by the profit or loss from the same is not taken into account.

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