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H3Ko H3Ko
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7 years ago
Which of the following statements, regarding the management's discussion and analysis (MD&A) part of the annual report is not correct?
A) Investors are not interested in the MD&A because it is written by the company and could present a biased view of the company's financial condition and result.
B) It provides forward-looking formation.
C) The MD&A is the company's attempt to explain its financial statements and to discuss its performance.
D) It often contains information that is not found in the financial data.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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