Match the objectives of financial statements with their corresponding purpose:

  Column A   Column B
A Information about earning capacity (i) Useful for predicting, comparing, and evaluating potential cash flows
B Information about cash flows (ii) Provides information for judging management's ability to utilise resources effectively
C Judgement of management effectiveness (iii) Useful for predicting, comparing, and evaluating the business firm's earning capacity
D Information about economic resources and obligations (iv) Provides adequate, reliable information to investors and other external parties

1
A-(iii), B-(i), C-(ii), D-(iv)
2
A-(i), B-(iii), C-(iv), D-(ii)
3
A-(iv), B-(ii), C-(i), D-(iii)
4
A-(ii), B-(iv), C-(iii), D-(i)

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