All of the following are true of annual reports EXCEPT
A)80% of portfolio managers use annual reports when making decisions.
B)annual reports contain income statements and balance sheets.
C)annual reports contain cash flow statements.
D)the 10-k form contains information also available in the annual report.
E)annual reports contain notes to the financial statements indicating why certain actions were taken.

Question

Quizplus · Accepted Answer

The 10-K form is a more comprehensive document than the annual report and contains additional information not found in the annual report.

All of the Following Are True of Annual Reports EXCEPT