Which Fundamental Characteristic Makes Explicit the Assumption of the Full

question 105

Multiple Choice

Which fundamental characteristic makes explicit the assumption of the full disclosure principle?

• A)relevance
• B)materiality
• C)verifiability
• D)completeness

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Definitions:

First Past

A term often used in the context of elections, typically referring to a "first-past-the-post" system where the candidate with the most votes wins, irrespective of whether a majority is achieved.

Proportional Representation

An electoral system in which parties gain seats in proportion to the number of votes cast for them, aiming for a more representative alignment of legislative seats to popular support.

Socialist Economic System

A political and economic theory advocating for the means of production, distribution, and exchange to be owned or regulated by the community as a whole.

Collective Ownership

The shared control and ownership of assets, resources, or enterprises among a group of people or within a community, as opposed to individual privatization.