Which of the Following Is Not a Purpose of the Annual

question 74

Multiple Choice

Which of the following is not a purpose of the annual report?

• A)To inform external users about the company's operations during the year.
• B)To promote the company to investors in order to attract additional capital.
• C)To assemble the numbers to be used by the external auditor to prepare the company's income tax return.
• D)To provide the basis for reporting to the SEC on Form 10-K.

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Definitions:

Nicotine

A stimulant and addictive substance found in tobacco, affecting the nervous system.

Withdrawal Symptoms

Physical or psychological symptoms that follow the abrupt discontinuation of a drug or substance to which one is addicted.

Addiction

A compulsive, chronic, physiological or psychological need for a habit-forming substance, behavior, or activity having harmful physical, psychological, or social effects.

Type I Alcoholism

A pattern of alcohol dependence that typically emerges after the age of 25 and is less strongly associated with genetic factors.