Which of the following commitments would not require disclosure in the financial statement notes?
A)Major property, plant and equipment expenditures.
B)Payments under non-cancellable operating leases.
C)Large purchases of materials from a regular supplier
D)Commitments involving significant risk.

Question

Quizplus · Accepted Answer

Large purchases of materials from a regular supplier do not qualify as commitments that require disclosure in the financial statement notes.

Which of the Following Commitments Would Not Require Disclosure in the Financial