1.

Which principle states that financial statements shouStates that financial statements should disclose all significantinformation?al significant |कौन सा सिद्धांत बताता है कि वित्तीय विवरणों से सभी महत्वपूर्ण जानकारी का खुलासा होना चाहिए?

Answer»

Which principal states that financial statements should disclose all significant information?

The fulldisclosure principle statesthatinformationthatwould“make a difference” tofinancial statementusers orwouldbe useful in decision-makingshouldbedisclosedin thefinancial statements. This way investors or creditorscansee a total picture of the company before they choose to take any action.



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