Which of the following is not a likely benefit of including a highlights statement in the annual report of a business?
A) It provides unskilled readers of the report with a simple summary of key financial indicators
B) The statement is regarded by many readers as being highly informative
C) Performance indicators can be calculated and then clearly set out in the highlights statement
D) Management can select what items are to be included in the report

Question

Quizplus · Accepted Answer

Including a highlights statement in an annual report allows for a summary of key financial indicators, making it informative and accessible, especially for unskilled readers. However, allowing management to select what items to include could lead to a biased presentation of the company's performance, which is not necessarily a benefit but rather a potential drawback.

Which of the Following Is Not a Likely Benefit of Including