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    Principles of Accounting Study Set 1
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    Exam 5: Foundations of Financial Reporting and the Classified Balance Sheet
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    The Accounting Convention That Is Most Responsible for the Increase
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The Accounting Convention That Is Most Responsible for the Increase

Question 42

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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