Define the disclosure principle.

Question $2$Select one:

a$.$

All information that affects the full understanding of a company$$s financial statements must be included with the financial statements.

b$.$

Where judgment is required, the least optimistic option should be selected.

c$.$

All items to be capitalized as assets except for when the cost of doing so would be more expensive or complicated than the transaction itself.

d$.$

Transactions should be recorded on the basis of objective evidence where different people looking at the evidence would all arrive at the same conclusion.