In addition to the balance sheet,income statement,and the statement of cash flows,a firm's complete financial statements will include all of the following EXCEPT:
A)Management discussion and analysis.
B)Notes to the financial statements.
C)Securities and Exchange Commission's (SEC)commentary.
D)Statement of stockholders' equity.

Question

Quizplus · Accepted Answer

While a firm's financial statements will typically include a balance sheet, income statement, statement of cash flows, notes to the financial statements, management discussion and analysis, and a statement of stockholders' equity, the SEC's commentary would not be included in the financial statements themselves. Instead, this commentary would typically be available on the SEC's EDGAR database or through other public filings.

In Addition to the Balance Sheet,income Statement,and the Statement of Cash