Which of the Following Statements Is True About the Annual

Multiple Choice

Which of the following statements is true about the annual report of a company?

A) The annual report contains four basic financial statements: the income statement; balance sheet; statement of cash flows; and statement of changes in long-term financing.
B) The annual report does not provide any information about a firm's future prospects.
C) The key importance of annual report information is that it is used by investors when they form their expectations about the firm's future earnings and dividends.
D) The annual report provides no relevant information for use by financial analysts or by the investing public.
E) The annual report is a report issued by each of the shareholders to the corporation and it contains information about the performance of the shares of the firm held by the shareholders.