The Accounting Convention That Is Most Responsible for the Increase

question 42

Multiple Choice

The accounting convention that is most responsible for the increase in the number of notes to financial statements is

• A)materiality.
• B)full disclosure.
• C)consistency.
• D)conservatism.

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Definitions:

Gender

Societal roles, behaviors, and attributes a society considers appropriate for men, women, and other gender identities.

Manic Depression

A mental health condition, also known as bipolar disorder, characterized by extreme mood swings, including emotional highs (mania) and lows (depression).

Bipolar Disease

A mental health disorder characterized by extreme mood swings, including emotional highs (mania) and lows (depression).

Psychosomatic Illness

A condition where psychological stress causes or exacerbates physical symptoms without a clear physical cause.