Use the tables for the question(s)below.
Consider the following financial information:

-Off-balance sheet transactions are required to be disclosed:
A)in the management discussion and analysis.
B)in the auditor's report.
C)Stock Exchange documentation
D)in the statement of changes in shareholders' equity.

Question

Use the tables for the question(s)below.
Consider the following financial information:
   
-Off-balance sheet transactions are required to be disclosed:
A)in the management discussion and analysis. 
B)in the auditor's report. 
C)Stock Exchange documentation 
D)in the statement of changes in shareholders' equity.

Quizplus · Accepted Answer

Off-balance sheet transactions are typically included in the management discussion and analysis section of the financial statements, which provides an overview of the company's financial performance and risks. The auditor's report may mention off-balance sheet transactions if they are relevant to the financial statements as a whole, but it is not the primary source of disclosure for these transactions. Stock exchange documentation and the statement of changes in shareholders' equity are also unlikely to contain detailed disclosures about off-balance sheet transactions.

Use the Tables for the Question(s)below