The Management Discussion and Analysis (MDA)section of the annual report concentrates on
A)analyzing the possible acquisition of other companies,and how those new acquisitions would mesh within the current corporate structure.
B)describing the background of management personnel,how long they have held their current position,and how long and in what capacities each manager has worked for the company.
C)examining how the company is performing relative to other companies in the industry.
D)explaining the major changes in the operating results,liquidity and capital resources.
E)explaining the auditor report.

Question

Quizplus · Accepted Answer

The MDA section of the annual report is intended to provide investors with an understanding of the company's financial performance and future prospects. This includes an explanation of major changes in operating results, liquidity, and capital resources. Options A, B, and C are not typically included in the MDA section, while option E is typically included in a separate section of the annual report.

The Management Discussion and Analysis (MDA)section of the Annual Report