Management Discussion and Analysis (MD&A) Does NOT Include

question 67

Multiple Choice

Management Discussion and Analysis (MD&A) does NOT include

• A) notes to the financial statements.
• B) key performance drivers.
• C) the company's vision and strategy.
• D) the company's capabilities (capital and other resources).

---

Definitions:

Bureaucrats

Officials and administrators working within the government, often perceived as being concerned with procedural correctness at the expense of people's needs.

Federal Foundation

An organization created by the federal government or receiving significant funding from it to support public purposes.

Red Tape

A term denoting excessive regulation or rigid conformity to formal rules that is considered unnecessary and bureaucratic, often slowing down or complicating processes.