GAAP Emphasizes the Importance of Full Disclosure by Management Including

question 87

Multiple Choice

GAAP emphasizes the importance of full disclosure by management including all of the following enhancements except

• A)explanations to enhance understanding of major transactions
• B)interpretations of the effects of dividing continuous operations into accounting periods
• C)outlines of internal control procedures in use
• D)explanations of underlying assumptions and methods used

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