Question

In an annual report, management's views on significant events, trends, and uncertainties pertaining to the company's operations and resources are presented in a section that commonly is referred to as _________

Answer 1

Answer:

The correct answer is: Management Discussion and Analysis.

Explanation:

Management Discussion and Analysis or MD&A is the section of the financial statement that provides a subjective point of view of the firm's perspective on the same organization. The MD&A is part of the Securities Exchange Commission (SEC) form 10-K and highlights the company's expectations on its operations, liquidity, and capital resources.