Final answer:
Procedures that require full disclosure of List A and List B are related to financial reporting and compliance in the field of business. List A refers to a company's assets, liabilities, and equity, while List B pertains to additional disclosures required by accounting standards and regulations.
Step-by-step explanation:
In the field of business, procedures that require "full disclosure" of List A and List B are related to financial reporting and compliance.
List A refers to the company's assets, liabilities, and equity, including financial statements like the balance sheet, income statement, and statement of cash flows. List B pertains to additional disclosures required by accounting standards and regulations, such as contingent liabilities, related party transactions, and segment reporting.
For example, in the United States, public companies are mandated to submit annual reports that provide full disclosure of List A and List B information to the Securities and Exchange Commission (SEC) for public consumption.