Which of the Following Statements,regarding the Management's Discussion and Analysis

question 108

Multiple Choice

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 often contains information that is not found in the financial data.
• C)It provides forward-looking formation.
• D)The MD&A is the company's attempt to explain its financial statements and to discuss its performance.

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Definitions:

Externally Restricted

Funds or resources that are restricted in use by external parties or agreements, often specified for particular purposes or projects.

Diversity

The inclusion of different types of people (such as people of different races, cultures, or genders) in a group or organization.

Abundance

The situation in which there is more than enough of a particular resource or commodity available.

Ethnic Diversity

The inclusion of individuals from a variety of ethnic, racial, and cultural backgrounds within a certain context or society.