tech company designs and installs computer software for businesses, it learned that one of its major customers, represen

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answerhappygod
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tech company designs and installs computer software for businesses, it learned that one of its major customers, represen

Post by answerhappygod »

tech company designs and installs computer software for businesses, it learned that one of its major customers, representing 20% of annual
sales, is in financial difficulty and is unlikely to be ordering for some time. it
is about to issue its quarterly report to shareholders. Do you think the
information about the customer should be disclosed in the quarterly report?
Refer to GAAp and qualitative characteristics
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