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 review described includes all the elements found in a company's annual report on Form 10-K, including a detailed description of operations, risk factors, financial statements, and debt levels. The balance sheet, income statement, and cash flow statement are all components of the 10-K.

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