If a company does not include a balance sheet and a statement of cash flows in an interim report, then which of the following items must be separately disclosed for that interim period?
A) The balance of long-term liabilities.
B) Net working capital.
C) The change in stockholders' equity.
D) The balance of cash and cash equivalents.
E) The balance of retained earnings.

Question

Quizplus · Accepted Answer

The change in stockholders' equity must be disclosed if a balance sheet and statement of cash flows are not included, as it provides essential information about the company's financial position and changes in equity during the interim period.

If a Company Does Not Include a Balance Sheet and a Statement