It is mandatory that the essential provisions of which of the following be clearly stated in the notes to the financial statements?
A) Stock option plans
B) Pension obligations
C) Lease contracts
D) All of these answer choices are correct

Question

Quizplus · Accepted Answer

All of these choices are required to be clearly stated in the notes to the financial statements. According to accounting standards, disclosures related to stock options plans, pension obligations, and lease contracts are considered essential provisions and must be disclosed in the notes to the financial statements.

It Is Mandatory That the Essential Provisions of Which of the Following