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Why are the notes to the financial statements an integral part of the financial statements? OA. The notes (or footnotes) to the financial statements provide
Why are the notes to the financial statements an integral part of the financial statements? OA. The notes (or footnotes) to the financial statements provide details for transactions reported on the income statement. For example, a company may report a listing of sales transactions in the notes A company could also provide details of various operating expenses reported on the income statement Notes to the financial statements are typically extensive OB. The notes (or footnotes) to the financial statements provide descriptive information regarding a company's accounting policies and the accountant's comments and opinions For example, a company will disclose its depreciation policy for long-lived assets in its financial statement footnotes and why the company chose the particular depreciation policy A company could also provide additional disclosures on the historical cost and accumulated depreciation by significant types of assets. Notes to the financial statements are typically extensive OC. The notes (or footnotes) to the financial statements provide descriptive information regarding a company's accounting policies, management's opinions and comments, and details pertaining to assets not found on the balance sheet For example, a company will disclose its accounts receivable aging in its financial statement footnotes A company could also provide additional disclosures on the historical cost and accumulated depreciation by significant types of assets. However, notes to the financial statements are typically not extensive D. The notes (or footnotes) to the financial statements provide descriptive information regarding a company's accounting policies, supplemental disclosures of items not reported on the financial statements, and additional detail for transactions reported on the four main financial statements For example, a company will disclose its depreciation policy for long-lived assets in its financial statement footnotes A company could also provide additional disclosures on the historical cost and accumulated depreciation by significant types of assets Notes to the financial statements are typically extensive If 509 cal is added to a gas that expands and does 855 J of work, what is the change in the internal energy of the gas? (1 cal = 4.184 J) Answer in units of kJ
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