Based on financial and accounting principles, the general message of the full disclosure principle is that "<u>the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one."</u>
This is because the full disclosure principle state that all information should be documented in a company or individual financial statements which are believed to affect a reader's knowledge of that specific financial statement.
This ensures that every party that needs to access the financial statements under concern should fully understand them without missing any form of information.
Otherwise, any missing link or information will be ruled in favor of the less favored party in a legal situation.
Hence, in this case, it is concluded that the correct answer is option D.
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Answer:
B. Investors´ perceptions change, making a fixed exchange rate untenable.
Explanation:
A speculative attack happens when a lot of untrustworthy assets are sold by many investors and with that sale, they buy valuable assets.
In currency, it occurs when the national currency is sold massively and suddenly by national and foreign investors. These types of speculative attacks are seen especially on currencies that use a fixed exchange rate. They have the value of it tightened to a foreign currency.
I hope this answer helps you.
I would buy a Chromebook. I would buy a Chromebook because I would be able to do stuff like school work and it would be very helpful so that way I wouldn’t have to narrow my moms Chromebook. That is what I would buy with a million dollars.
