Which of the following are not part of disclosure notes to the financial statements?
A) Descriptions of the significant accounting methods applied in the company's financial statements.
B) Additional detail of income taxes payable reported in the balance sheet.
C)Names of executive officers and the salaries for each officer listed.
D)Commitments under long-term supply agreements to buy inventory and equipment.

Question

Quizplus · Accepted Answer

Disclosure notes typically provide more detailed information about the financial statements, including accounting methods, significant liabilities and commitments, and other relevant information. However, providing names and salaries of executive officers is not typically included in disclosure notes.

Which of the Following Are Not Part of Disclosure Notes