(Learning Objective 1: Identifying key elements of an annual report) For each of the following items, identify which section they would typically appear in on an annual report? Use (1) for corporate information, (2) analysis and commentaries, (3) other statements and disclosures, and (4) fi nancial statements.

a. CEO’s letter to shareholder ______

b. Information on the company’s latest business acquisitions ______

c. Report on environmental impact ______

d. Estimates used in depreciation allocation ______

e. Awards and accolades received ______

f. Auditor’s opinion ______ g. Members of the board of directors ______