Market value of investment is shown as a foot note to Balance Sheet according to ________________.

Consistency concept

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Disclosure concept

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Materiality concept

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Going concern concept

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Solution

The correct option is B Disclosure concept
The principle of full disclosure requires that all material and relevant facts concerning financial performance of an enterprise must be fully and completely disclosed in the financial statements and their accompanying footnotes.
This is to enable the users to make correct assessment about the profitability and financial soundness of the enterprise and help them to take informed decisions.

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