Question: A client is trying to determine if it is required to provide supplementary information related to changing prices with its financial statements. Identify the location
A client is trying to determine if it is required to provide supplementary information related to changing prices with its financial statements. Identify the location in professional standards that indicates whether or not an entity is required to disclose supplementary information on the effects of changing prices. Using the table below, enter the exact section and paragraph with helpful information for this scenario. Correctly formatted FASB ASC paragraphs are 1, 2, or 3 digits followed in some cases by 1 or 2 upper case letters. An example of a correctly formatted FASB ASC response is 205-10-25-2
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