Which type of transactions must be disclosed in the management discussion and analysis?
A)transactions that significantly affect the firm's leverage
B)off balance sheet transactions
C)off income statement transactions
D)very large transactions
E)transactions that reduce the firm's net income

Question

Quizplus · Accepted Answer

Off balance sheet transactions must be disclosed in the management discussion and analysis as they can significantly impact the financial position and risk profile of the firm, even though they are not recorded on the balance sheet.

Which Type of Transactions Must Be Disclosed in the Management