To What Extent Should Economic Factors Be Discussed in Management's

Multiple Choice

To what extent should economic factors be discussed in Management's Discussion and Analysis (MD&A) ?

A) major economic factors affecting operating results should be discussed in MD&A
B) economic factors affecting operating results should not be discussed in MD&A
C) economic factors affecting operating results should be discussed in MD&A,provided the auditor extends his/her opinion to the MD&A
D) economic factors should be discussed in MD&A,provided they are also discussed in the notes