A question about the reason for disclosures for financial statement readers?

Is APB Opinion 22, on the disclosure of accounting policies, important to financial statement readers in determining:

1. whether accounting policies are consistently applied from year to year

or

2. whether the working capital position is adequate for future operations?

I think it may be 2, but I'd like to hear from someone that knows.

It's 1. Accounting policy disclosures are about telling stakeholders what policies are being used by the company, not about financial analysis like determining what the working capital or the financial position of the company is.

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