Which of the Following Are Not Part of Disclosure Notes

question 110

Multiple Choice

Which of the following are not part of disclosure notes to the financial statements?

• A) Descriptions of the significant accounting methods applied in the company's financial statements.
• B) Additional detail of income taxes payable reported in the balance sheet.
• C)Names of executive officers and the salaries for each officer listed.
• D)Commitments under long-term supply agreements to buy inventory and equipment.

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Definitions:

Optimal Act

The best possible action or decision in a given situation, often based on maximizing efficiency or effectiveness.

Expected Value

The long-term average value of a random variable over many repetitions of an experiment.

Expected Value

The long-term average or mean of random variables, representing the central tendency.

Perfect Information

A condition in decision theory and economics where all participants have full and identical knowledge about the actions others can take.