Companies may use parenthetical explanations, notes, cross references, and supporting schedules to disclose pertinent information.

Name: Companies may use parenthetical explanations, notes, cross references, and supporting schedules to disclose pertinent information.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Companies often use additional disclosures, such as supporting schedules or notes, to provide context and relevant information in their financial statements.

Companies May Use Parenthetical Explanations, Notes, Cross References, and Supporting