All of the following are typically included in the management's discussion and analysis in annual reports except
A) explanations of any significant changes between the current and prior years' financial statements
B) management's assessment of liquidity
C) journal entries
D) off-balance-sheet arrangements

Question

Quizplus · Accepted Answer

Journal entries are not typically included in the management's discussion and analysis section of annual reports. This section generally focuses on providing insights into the company's performance, financial position, risks, and future prospects to complement the financial statements. Therefore, items such as significant changes in financial statements, management's assessment of liquidity, off-balance-sheet arrangements, and other relevant factors that may impact stakeholders' decisions are commonly discussed.

All of the Following Are Typically Included in the Management's