Which attribute of a fundamental characteristic makes explicit the assumption of the full disclosure principle?
A) relevance
B) materiality
C) verifiability
D) completeness

Question

Quizplus · Accepted Answer

Completeness is an attribute of the fundamental characteristic of faithful representation, which ensures that all necessary information is included in financial reports, aligning with the full disclosure principle.

Which Attribute of a Fundamental Characteristic Makes Explicit the Assumption