Which of the following is not required to be disclosed in an entitys accounting policy...

80.2K

Verified Solution

Question

Accounting

Which of the following is not required to be disclosed in an entitys accounting policy note?

A. A description of the entitys key accounting policies.

B. That the financial statements have been prepared on the going concern basis.

C. That the financial statements are general purpose financial statements.

D. The measurement bases used in the preparation of the financial statements.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students