11. Information about the accounting policies adopted in preparing the financial statements are explained in the: A. statement of changes in owner's equity. B. notes to the financial statements. c statement of cash flow. D.corporate governance statement. 12. How often is the annual report being issued? A.Every six month 3.Every month c Once a year D. None of the above is correct 13. Company directors are required to include in the annual report the company's and its subsidiaries financial statements as mandatorily required in the: A Section 169 (5) Company Act 1965 International Financial Reporting Standards (IFRS) C Income Tax Act 1967 D. Bursa Malaysia Listing Requirement . 14. The opinion given on the sufficiency of financial records kept by the company in accordance to the stated act and compliance with the approved accounting standards can be found in which of the following report? A Director's Report B. Audit Committee's Report C. Chairman's Statement D. Auditor's Report 15. An annual report contains a great many statements and reports. Which of the following statements/reports is NOT required either by statute or by accounting standards? Financial highlights B Income statement Operating and financial review Chairman statement 16. An annual report contains a great many statements and reports. Which one of the following statements/reports is not covered either by statute or by accounting standards? A Periodismay B Cash flow statement Audinars' per Directors report