Question: Match the term with the answer that best matches major disclosures. Full Disclosure Principal + Inventory Property, plant and equipment Creditor Claims a. Meausurements may
Match the term with the answer that best matches major disclosures. Full Disclosure Principal + Inventory Property, plant and equipment Creditor Claims a. Meausurements may be used for many financial assets and liabilities, investments, impairments of long-lived assets, and some contingencies. b. Notes schedules provide additional information abut how a company is financing its operations, the costs that it will bear in future periods, and the timing of future cash outflows. Equityholders' Claims Contingencies and Commitments Fair Values c. Off-balance-sheet commitments, future financing needs, and the quality of a company's earnings. d. Manufacturers should report, either in the balnce sheet or in a separte schedule in the notes, the composititon of finished goods, work in process, raw materials. + Revenue Deferred Taxes, Pensions, and Leases Changes in Accounting Principles e. Contracts with customers, including significant information related to its performance obligations. f. Oustanding stock options, outstanding convertible debt, redeembable preferred stock and convertible preferred stock. g. The profession defines various types and establishes guides for reporting each type. h. Financial reporting of any financial facts significant enough to influuence the judgement of an informed reader. i. Litigations, debt and other guarantees, possible tax assessments, renegotiation of government contracts, and sales of receivables with recourse, purchase agreements, hedge contracts and employment contracts. j. Impairments
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