Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 2 - Conceptual Framework for Financial Reporting - Brief Exercises - Page 70: BE2-8c

Answer

(c) Oracle Corporation- Full disclosure

Work Step by Step

Full disclosure principle supports the report of any relevant financial information so that all investors remain in the light. This is why Oracle is careful to include information about pending lawsuits on its statements.
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