Question: The general - purpose financial statements are always accompanied b y a set o f explanatory notes. What kind o f information i s contained
The generalpurpose financial statements are always accompanied a set explanatory notes. What kind information contained these explanatory notes?
A description the estimates and judgments used preparing the financial statements well supplemental information not contained the financial statements
analysis the comparison the actual performance reported the financial statements the performance that was expected according internal company estimates, judgments, and forecasts
A quarterquarter summary the major events that effected the company and the effect those events the company's share price
A legal waiver from the companys general counsel relieving the chief executive officer and chief financial officer any personal liability with respect the content the financial statements
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