Management Discussion and Analysis (MD&A) Is

question 80

Multiple Choice

Management Discussion and Analysis (MD&A) is

• A) notes on meetings between management and auditors.
• B) an internal document not released to shareholders.
• C) supplementary information included in the annual report.
• D) supplementary information included in the notes to the financial statements.

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Definitions:

Changes in Receivables

This refers to the variations in the amounts owed to a company by its customers over a specific period.

Sales Growth

The increase in sales over a specific period of time, often used as a measure of company performance.

Receivables Growth

A rise in the total money that customers owe a company for products or services provided on credit.

Long-Term Credit Sales

Sales made on credit with repayment terms extending beyond the normal operating cycle or one year.