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 Independent Accountants
D)Management's Discussion and Analysis

Question

Quizplus · Accepted Answer

Forecasts of cash flows and earnings are typically not included in a corporate annual report as they are forward-looking statements and subject to change. The other sections mentioned (Notes to the Financial Statements, Report of Independent Accountants, and Management's Discussion and Analysis) are commonly found in annual reports.

Which One of the Following Sections Is Least Likely to Be