The Information Needed to Determine Whether a Company Is Using

question 18

Multiple Choice

The information needed to determine whether a company is using accounting methods similar to those of its competitors would be found in the

• A) auditor's report.
• B) balance sheet.
• C) management discussion and analysis section.
• D) notes to the financial statements.

---

Definitions:

Goods And Services

Goods are tangible items that satisfy human wants and needs, while services are intangible activities or benefits that one party can offer to another.