1. In addition to the financial statements and the accompanying notes, corporate annual reports normally include which of the following? a. Management discussion and analysis b. Report

[ad_1]

1.      In addition to the financial statements and the accompanying notes, corporate annual reports normally include which of the following?

Don't use plagiarized sources. Get Your Custom Essay on
1. In addition to the financial statements and the accompanying notes, corporate annual reports normally include which of the following? a. Management discussion and analysis b. Report
Just from $13/Page
Order Essay

a.      Management discussion and analysis

b.      Report on internal control

c.       Report on fairness of the financial statements

d.      All of these choices are correct.

2.      Typical items included in the MD&A would include all the following except

a.      Management’s analysis and explanations of any significant changes between the current and prior years financial statement

b.      Important accounting principles or policies that could affect interpretation of the financial statements, including the effect of changes in accounting principles or the adoption of new accounting principles.

c.       Management’s assessment of the company’s liquidity and have availability of capital to the company.

d.      A worksheet.

3.      An extraordinary item is defined as an event or transactions that is

a.      Unusual in nature.

b.      Infrequent in occurrence

c.       Both unusual in nature and infrequent in occurrence

d.      None of these  choices are correct

4.      Generally accepted accounting principles require that unusual items

a.      Be reported within operating income on the income statement

b.      Be reported separately on the income statement

c.       Not ne reported on the income statement

d.      None of these choices are correct

5.      The analysis of increases and decreases in the amount and percentage of comparative financial statement items is called

a.      Horizontal analysis

b.      Vertical analysis

c.       Common-sized statements

d.      None of these choices are correct.

6.      The percentage analysis of the relationship of each component in a financial statement to a total or key figure within the statement is called.

a.      Horizontal analysis.

b.      Common-sized statements

c.       Vertical analysis

d.      None of these choices are correct

7.      In —————–, all items are expressed as percentages, with no dollar amounts shown.

a.      Horizontal analysis

b.      Common-size statements

c.       Vertical analysis

d.      None of these choices are correct.



[ad_2]

Source link

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 15% with the discount code BANANA