Question

accounts should disclose all material information justify for or against by giving two reasons.​

Answer 1

(i) Advertising creates employment opportunities for a large number of persons. (ii) Advertising leads to variety in consumption and use of better quality products. (c) For. (i) Accounts should be prepared in such a way that all the material information required by users of financial statement is clearly disclosed.

Answer 2

Answer:

(i) Advertising creates employment opportunities for a large number of persons.

(ii) Advertising leads to variety in consumption and use of better quality products.

(c) For. (i) Accounts should be prepared in such a way that all the material information required by users of financial statement is clearly disclosed.

Explanation:

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