38. Notes to the financial statements help explain many of the details necessary to gain a more complete picture of the firm's performance. Some of the items often disclosed in the financial notes includes which of the following?

A) How a specific item was computed

B) Additional information on a company's financial condition

C) Methods used to prepare the financial statements

D) All of these items are often included.

Answer:

40. When solving for the future value of a stream of unequal cash flows, it is important to add the values together BEFORE applying the future value formula to determine their future value.

TRUE

FALSE

Answer: