Which one of the following sections is least likely to be found in a corporate annual report? A) Notes to the Financial Statements B) Forecasts of Cash Flows and Earnings C) Report of the Independent Accountants D) Management's Discussion and Analysis

Question

Quizplus · Accepted Answer

Forecasts of Cash Flows and Earnings are forward-looking statements and are not typically included in an annual report, as they can be uncertain and subject to change. The other sections listed are commonly found in corporate annual reports, with Notes to the Financial Statements, Report of the Independent Accountants, and Management's Discussion and Analysis being required components by accounting and reporting standards.

Which One of the Following Sections Is least likely to Be