Review of the ________ is important as it includes (1)an explanation of a company's operations (how it makes its money)and the markets in which it currently operates; (2)disclosures of risks the company faces,including current lawsuits; (3)the financial statements (such as the income statement and balance sheet),which show how much money the company made; and (4)its debt levels.
A)balance sheet
B)income statement
C)10K
D)cash flow statement

Question

Quizplus · Accepted Answer

The 10K is a comprehensive report that includes all of the listed components, making it the best option for reviewing a company's operations, risks, financial statements, and debt levels. The other options, such as the balance sheet, income statement, and cash flow statement, each provide important information but do not encompass all of the necessary details included in a 10K report.

Review of the ________ Is Important as It Includes (1)an