Which of the following would not typically be disclosed in the notes to the financial statements?
A) Additional detail regarding reported numbers.
B) A summary of significant accounting policies.
C)Commitments under long-term supply agreements.
D)The net income earned for the reporting perioD.The net income earned for the reporting period is included in the financial statements.

Question

Quizplus · Accepted Answer

The net income earned for the reporting period is included in the financial statements and therefore would not typically be disclosed in the notes to the financial statements. Choices A, B, and C are commonly disclosed in the notes to provide additional information and context to the financial statements.

Which of the Following Would Not Typically Be Disclosed in the Notes