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:

Rotational Slide

A type of landslide involving the rotational movement of rock or soil along a curved surface, typically caused by the undercutting of a slope or the saturation of soil.

Debris Avalanche

A high-velocity flow of soil, sediment, and rock, commonly from the collapse of a steep mountainside.

Permafrost

Permanently frozen ground that occurs in high latitude regions of the Earth, consisting of soil, gravel, and sand usually bound together by ice.

Rock Fall

A mass-wasting process whereby large rocks and smaller pieces of bedrock detach and fall onto the ground.