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n200080 [17]
2 years ago
5

According to the Full Disclosure Principle, all thins that can materially affect the financial status of the firm must be disclo

sed somewhere in the financial statements.
True / False.
Business
1 answer:
Olenka [21]2 years ago
8 0

Answer: True

Explanation: The full disclosure principal states that any material information, that can affect the judgement of a rational investor or other stakeholder, must be stated in the financial statement.

These disclosures can be made on press releases, supplementary reports and other such communications etc.

Hence, from the above we can conclude that the given statement is true.

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2 years ago
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5 0
3 years ago
In a simple, closed economy (no government or foreign sector), disposable income increases from $2,000 to $3,000. If consumption
tamaranim1 [39]

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The marginal propensity to save is 0.4

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