Which of the following is likely to be the most informative source if you were interested in a company's business plan or strategy?
A)Auditor's letter
B)Management discussion and analysis
C)Proxy statement
D)Footnotes

Question

Quizplus · Accepted Answer

The management discussion and analysis section of a company's annual report is typically the most informative source for information on the company's business plan and strategy. This section is typically written by the company's management team, and provides detailed information on the company's objectives, goals, and plans for the future. The auditor's letter typically provides an opinion on the company's financial statements, while the proxy statement provides information on shareholder votes and board appointments. Footnotes provide additional detail on specific financial statement items.

Which of the Following Is Likely to Be the Most