Annual reports include _____ that disclose additional information about a firm's operations and special circumstances that clarify and supplement the numbers reported on the financial statements.
A)subpoenas
B) testimonials
C)notes
D)future projections

Question

Annual reports include _____ that disclose additional information about a firm's operations and special circumstances that clarify and supplement the numbers reported on the financial statements.
A)subpoenas
B) testimonials​
C)notes
D)future projections

Quizplus · Accepted Answer

The notes section of an annual report provides additional information about a firm's operations and special circumstances, and clarifies and supplements the numbers reported on the financial statements. Subpoenas are legal orders for someone to appear in court, testimonials are statements of support or recommendation, and future projections may be included in the Management Discussion and Analysis section but are not considered part of the notes.

Annual Reports Include _____ That Disclose Additional Information About a Firm's