20. 3,00 points value Which of the following is notincluded in a corporation's annual report? O The reporting firm's financial statements for the fiscal year. O The report of the external auditor's examination of the inancial statements Notes to the financial statements and key financial data for at least the past five years O A detailed Management's Discussion and Analysis section O All of the above are included in a corporation's annual report. 0 Type here to search Which of the following is not a limitation of financial statements? O Financial statements are not adjusted to show the impact of inflation O Full disclosure requires that the financial statements and notes include all necessany information to prevent reasonably asme user of the frnancial ssemerns fom being aked O It is possible that two firms operating in the same industry may follow dfferent accounsng methods orthe exact same ransaction O Financial stotements do not reflect opportunity cost, which is an economic concep reising to income forgone because an oppotunity to eam income was not pursued at O Type here to search 6 18. 300 points value The principle of consistency means that 0 there are no alternative methods of accounting for the same transaction. O the same accounting methods are used by all firms in an industry O the accounting methods used by an entity never change O the effect of any change in an accounting method vwll be disclosed in the financial storemernts or notes thereto O Type here to search