The full disclosure principle dictates that (a) Financial statements should disclose all assets at their cost (b) Financial statements should disclose only those events that can be measured in dollars (c) Financial statements should disclose all events and circumstances that would matter to users of financial statements (d) Financial statements should not be relied on unless an auditor has expressed an unqualified opinion on them

Question: The full disclosure principle dictates that: (a) Financial statements should disclose all assets at their cost. (b) Financial statements should disclose only those events that

The full disclosure principle dictates that:
(a) should disclose all assets at their cost.
(b) should disclose only those events that can be measured in dollars.
(c) should disclose all events and circumstances that would matter to users of should not be relied on unless an auditor has expressed an unqualified opinion on them.

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