The notes to the financial statements are an integral part of the financial statements. They immediately follow the financial statements. The first note is normally the longest and includes discussion of all the following items EXCEPT: The cost flow assumption the company uses for costing inventory on the balance sheet (i.e., FIFO, LIFO, weighted-average method) The point in which revenue is recognized from retail sales in its stores. The depreciation method used for property and equipment (i.e., straight-line, double-declining balance) O Lawsuits the company faces The independent auditors give one of the following four opinions on the financial statements after they complete their audit: 1. unqualified opinion - given when the Company's financial statements are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles (GAAP) 2. qualified opinion given when The Company's financial records have not been maintained in accordance with U.S. generally accepted accounting principles (GAAP), but no misrepresentations of the financial statements are identified 3. disclaimer of opinion given when The Company's financial status cannot be determined due to missing financial records or a limitation on the scope of the audit 4. adverse opinion - given when The Company's financial records do not conform to U.S. generally accepted accounting principles (GAAP) and the financial statements have been grossly misrepresented What is the opinion of the auditors concerning the financial statements of Dollar General for fiscal year 2020? O adverse opinion O disclaimer of opinion O unqualified opinion O qualified opinion When Dollar General buys more than 50% of the stock of another company, Dollar General is called the parent of that company, and the company whose stock has been purchased is known as a subsidiary of Dollar General. All of Dollar General's subsidiaries are wholly owned (100%) by Dollar General. What is meant by the term "consolidated," as in the "Consolidated Statements of Income," "Consolidated Balance Sheets," etc.? (You may have to do a little research to answer this question). Multiple years of consecutive data are presented in the financial statements (i.e., fiscal year 2020, 2019, and 2018). O The statements represent a combination of Dollar General (the parent company) and all other companies that Dollar General controls (called subsidiary companies). The statements are a combination of the most profitable segments. The statements are a combination of quarterly financial information.