Multiple Choice
The section of the annual report that explains major changes in the income statement,changes in liquidity and capital resources and the impact of inflation is called the ________.
A) notes to the financial statements
B) appendix to the financial statements
C) internal control report
D) management's discussion and analysis
Correct Answer:
Verified
Correct Answer:
Verified
Q39: All other things equal,a higher current ratio
Q40: An investor in securities accounted for
Q41: A parent company purchases 100 percent of
Q42: Each year,goodwill on the consolidated balance sheet
Q43: On January 1,2012,Preview Company acquired all
Q45: The balance sheet for James Company
Q46: On January 1,2014,Jeff Company purchased common stock
Q47: The financial ratios for a company can
Q48: An investor holds 5% of the outstanding
Q49: The account "Noncontrolling Interests" as reported on