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bogdanovich [222]
4 years ago
11

Which of the following is true regarding Management's Discussion and Analysis (MD&A)?

Business
1 answer:
ddd [48]4 years ago
5 0

Answer:

The correct answer is letter "C": MD&A should present an analysis of significant variations between the original and final budget.

Explanation:

The Management Discussion And Analysis (MD&A) portion of an annual report for a company discusses certain elements of the success of the business. Although all parts of an annual report provide valuable details and the MD&A is important, it explains to shareholders why a company is stable or why it is not. The MD&A interprets the numbers in the financial statements, determines the organizational strategies and style of management which have led the organization to its current state.

In such a case,<em> the MD&A reflects the variations between the company's budget and the actual performance it had.</em>

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