For a defined contribution plan to satisfy the reporting requirements of AAS 25 it must provide:
A) A balance sheet, an operating statement and accompanying notes.
B) A balance sheet, an operating statement and a statement of cash flows.
C) A statement of net assets, a statement of changes in net assets and accompanying notes.
D) A balance sheet, an operating statement and accompanying notes or a statement of net assets, a statement of changes in net assets and accompanying notes.
E) None of the given answers.
Correct Answer:
Verified
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