question archive Disclosure notes to a company's financial statements: Are an integral part of a company's financial statements

Disclosure notes to a company's financial statements: Are an integral part of a company's financial statements

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Disclosure notes to a company's financial statements:

Are an integral part of a company's financial statements.

Are relatively unimportant facts that don't belong in the basic financial statements.

Document the source of financial statement facts, like literary footnotes.

Are irrelevant facts that are immaterial in amount.

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Answer:

Disclosure notes to a company's financial statement includes

a) Which method of inventory, Depreciation etc used in financial statement

b) Company used basic principal or note

So answer is a) Are an integral part of a company's financial statements