All of the following statements are trueexcept:

-The first note to the financial statements usually provides a summary of the firm's accounting policies.

-The notes to the financial statements are an integral part of the financial statements and must be read in order to understand the presentation on the face of each financial statement.

-The notes to the financial statements present details about particular accounts such as inventory and property, plant, and equipment.

-The notes to the financial statements include information about voting procedures and the audit committee report.