Which of the following is not included as a primary part of the financial disclosure in Form 10-K?
A)Financial data for a 5-year period.
B)Management's opinion of the financial statements.
C)Business operations and strategy.
D)Four basic financial statements.

Question

Quizplus · Accepted Answer

Management's opinion of the financial statements is not included in the primary financial disclosure of Form 10-K. However, it may be included in the Management Discussion and Analysis (MD&A) section. The primary parts of the financial disclosure in Form 10-K include financial data for a 5-year period, business operations and strategy, and the four basic financial statements (balance sheet, income statement, cash flow statement, and statement of stockholders' equity).

Which of the Following Is Not Included as a Primary