Question

The notes to the financial statements: a. are not an integral part of the financial statements. b. describe management's product development plans for the coming year. c. usually disclose the amount of the company's bad debts expense. d. explain the significant accounting policies of the company.

Answer 1

The correct answer is D

Step-by-step explanation:

The notes the financial statements also called as footnotes, these provides extra or an additional information which is pertaining to the operations as well as the financial position of the company.

It is an vital or an integral part of the financial statements, these are needed to disclosed by the full disclosure principle.

It states or explain the accounting policies of the company.