Annual reports are in a sense, evaluations of managements performances but since they are prepared by management they are likely to

Calculator Annual reports are in a sense, evaluations of management's performance but since they are prepared by management they are likely to: O exclude the details of management discussion and analysis. Ogive the shareholders the opportunity to objectively evaluate management's day-to-day performance during the past year. exclude the details of the minority interests groups oportray the firm's past performance in a most favorable light