Where in the financial statements would a user find out which accounting policies management has selected to use?
A)Statement of Management Responsibility
B)Notes to the Financial Statements
C)Auditors' Report
D)Management Discussion and Analysis

Question

Quizplus · Accepted Answer

Accounting policies selected by management are disclosed in the Notes to the Financial Statements. These notes provide information about the significant accounting policies and practices used by the company.

Where in the Financial Statements Would a User Find Out