Which is not a required part of an annual report of a publicly traded
QUESTION
Which is not a required part of an annual report of a publicly traded company?(a) Statement of cash flows.(b) Notes to the financial statements.(c) Management discussion and analysis.(d) All of these are required.
Solution: Answerc) Management discussion and analysis. Reason : Annual reportsare used by businesses to record their financial activities that are concerned with their daily operations. The financial statements are reported and made available to the public in the form of an annual report. An annual report is an obligation for the publically traded companies where they must produce financial documents regarding the foregoing year and the
mpanys current plans for the coming year. This includes financial statements such as the statement of financial position (balance sheet), the income statement, cash flow statement and notes to the financial statements. The management discussion and analysis is not a part of annual report.
ANSWER:
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