Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 39 - No. 29)
Which accounting principle requires a business to provide enough information to a user so that they can make informed decisions?
The Consistency Principle
The Disclosure Principle
The Verifiability Principle
The Comparability Principle
Explanation
The Disclosure Principle mandates that a business must disclose all significant information that would be useful to financial statement users.
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