A full disclosure policy stipulates that all information that would make a difference to financial statement users should be revealed.

Question

Quizplus · Accepted Answer

A full disclosure policy requires companies to disclose all information that would impact the decisions of financial statement users. This includes information that may be considered unfavorable or negative, as well as information that may be positive. The purpose of this policy is to ensure that users of financial statements have access to all relevant information for making informed decisions.

A Full Disclosure Policy Stipulates That All Information That Would