When is the financial information a $\bold{\text{faithful representation}}$?

Question

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A faithful representation means that the financial information accurately reflects the economic substance of the business activities it represents. A fully depicted economic substance will provide a true and fair view of the financial position and performance of the company, making it a reliable source for decision making. Options B and C do not fully capture the meaning of a faithful representation. Option D can be a helpful factor, but it is not the only condition that determines whether the information is a faithful representation.

When Is the Financial Information A faithful representation\bold{\text{faithful representation}}faithful representation ? A)If It Fully Depicts the Economic Substance of Business

When Is the Financial Information A $\bold{\text{faithful representation}}$ ?
A)If It Fully Depicts the Economic Substance of Business