Introduction to Accounting

Feb 21st, 2015
Business Finance
Price: $5 USD

Question description

Q7: the full disclosure principle says that if a change is made:

a. the company should disclose the change

b. the effects of the change on profit and inventory valuation should be disclosed

c. the company should show justification for the change in a footnote on the finanacial reports

d. all of the above

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