A(n) _____ is a yearly document that describes a firm's financial status and usually discusses a firm's financial activities during the past year and its prospects for the future.
A)trial balance
B)firm summary
C)annual report
D)earnings report
E)financial analysis

Question

Quizplus · Accepted Answer

An annual report is a comprehensive report on a company's activities throughout the preceding year, intended to give shareholders and other interested people information about the company's financial performance and operations.

A(n) _____ Is a Yearly Document That Describes a Firm's