Accountancy, asked by srivastavagrisha98, 5 months ago

. Think of information that would be useful but is not disclosed in the financial statements. Why do you think the information is not disclosed??

Answers

Answered by govindrajan18

0

Answer:

Explanation:

1. Fundamental Accounting Assumptions (Going concern, consistency and accrual) are followed.

2. Amount is not materiality.

The above two cases disclosure is not required

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