Solved

To Meet the Needs of Full Disclosure, Companies Use Supplemental

Question 69

Multiple Choice

To meet the needs of full disclosure, companies use supplemental information, including:


A) Parenthetical comments or modifying comments placed on the face of the financial statements.
B) Disclosure notes conveying additional insights about company operations, accounting principles, contractual agreements, and pending litigation.
C) Supplemental financial statements that report more detailed information than is shown in the primary financial statements.
D) All of these are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions