Question

Why is providing basic business, management, and corporate governance information important in disclosures?

a.

It has no impact on stakeholders

b.

It satisfies domain disclosure requirements

c.

It hinders regulatory supervision

d.

It limits the information available to analysts

Posted under IC 89 Management Accounting

Answer: (b).It satisfies domain disclosure requirements Explanation:Providing basic business, management, and corporate governance information satisfies domain disclosure requirements relevant to regulators, policyholders, investors, and other stakeholders.

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Q. Why is providing basic business, management, and corporate governance information important in disclosures?
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