The full disclosure principle: Mutple Choice Prescribes that the notes to the financial statements report...
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Accounting
The full disclosure principle: Mutple Choice Prescribes that the notes to the financial statements report the change from one inventory valuation method to another Requires that companies use the same accounting method for inventory valuation period after periocd Is not subject to the consideration of materiality s only appled to retailers and manufacturers Is also called the consistency principle
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