Multiple Choice
Which of the following is an example of additional information about summary totals that would be explained in the notes to the financial statements?
A) The description of all the individual items that comprise notes payable
B) The disclosure of quarterly financial information
C) The method used to estimate depreciation on a piece of equipment
D) The disclosure of the uncertain, potential outcome of a lawsuit
Correct Answer:
Verified
Correct Answer:
Verified
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