Answer
Full Disclosure Principle
Work Step by Step
Full disclosure principle requires organizations to reveal relevant financial information in reports so that investors and other interested parties are able to make more informed decisions.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 73: E2-7b
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