To what extent should economic factors be discussed in Management's Discussion and Analysis (MD&A)?
A)major economic factors affecting operating results should be discussed in MD&A
B)economic factors affecting operating results should not be discussed in MD&A
C)economic factors affecting operating results should be discussed in MD&A,provided the auditor extends his/her opinion to the MD&A
D)economic factors should be discussed in MD&A,provided they are also discussed in the notes

Question

Quizplus · Accepted Answer

Major economic factors can have a significant impact on a company's operating results and should be included in the MD&A to provide investors with a better understanding of the company's performance. This helps investors to make more informed investment decisions. Not including economic factors in the MD&A can make it difficult for investors to understand the company's performance and its prospects. Therefore, it is essential to discuss the major economic factors affecting the company's operating results in the MD&A.

To What Extent Should Economic Factors Be Discussed in Management's