All of the following are reasons that the amount of disclosure provisions issued by the IASB has increased in the last 10 years except
A)There has been greater complexity of the business environment.
B)There has greater necessity for timely information.
C)Accounting has become more important as a control and monitoring device.
D)More disclosure means lower costs for companies.

Question

Quizplus · Accepted Answer

More disclosure typically increases costs for companies due to the need for additional resources to gather, process, and report the required information.

All of the Following Are Reasons That the Amount of Disclosure