Footnotes Are Used with What Concept or Principle of Accounting

question 151

Multiple Choice

Footnotes are used with what concept or principle of accounting?

• A)Conservatism
• B)Consistency
• C)Materiality
• D)Full disclosure

---

Definitions:

Factors Influence

Elements or conditions that affect the outcome or development of a process, behavior, or phenomenon.

Blatant Racism

Open, unashamed, and direct racism or discriminatory behavior towards individuals based on their race or ethnicity.

Behavior Attitude

The way one's beliefs and feelings about something influence how they behave towards it.

Groupthink Cohesiveness

A phenomenon where a group's desire for harmony or conformity in decision-making results in an irrational or dysfunctional outcome.