The full disclosure principle Mutple Choice Prescribes that

The full disclosure principle: Mutple Choice Prescribes that the notes to the financial statements report the change from one inventory valuation method to another Requires that companies use the same accounting method for inventory valuation period after periocd Is not subject to the consideration of materiality s only appled to retailers and manufacturers Is also called the consistency principle

Solution

Answer : Option A

Full Disclosure Principle Prescribes that the notes to the financial statements report the change from one inventory valuation method to another. Full Disclosure Principle requires financial statements to include all relevant information of company\'s operations.