In addition to the four required financial statements, which of the following is a required disclosure in the annual report?
A) Marketing forecasts.
B) Full descriptions of legal actions against the company.
C) Expansion plans of the company.
D) Management's discussion and analysis.

Question

Quizplus · Accepted Answer

Management's discussion and analysis is a required disclosure in the annual report, providing insight into the company's performance, operations, and future prospects. Marketing forecasts and expansion plans are not required disclosures, while full descriptions of legal actions against the company may be included in the footnotes to the financial statements or required disclosures only if they are material.

In Addition to the Four Required Financial Statements, Which of the Following