Where would federal agencies report information concerning their performance goals and performance results, along with their...

Where would federal agencies report information concerning their performance goals and performance results, along with their future challenges?

Question 85 options:

A)	Management discussion and analysis.

B)	Notes to the financial statements.

C)	Required supplemental information.

D)	Other accompanying information.

Expert Solution

Answer- A. Management discussion and analysis.

Explanation-

Management discussion and analysis is one of the important section of public company's annual report which is required by the security exchange Commission (SEC) as well as financial accounting standard board (FASB).

Management discussion and analysis (MD&A) extract of public company's annual report or quarterly filing. In this part management provide comment on the financial statement, system and internal control, laws and regulation, compliance as well as the action which is planned by the organisation and any challenges the company's facing.

They also discuss the future goals and ways to handle the new upcoming projects. It is not audited rather it represents the thoughts and opinion of the management. In MD&A executive analyse the company's performance.

Thus, management discussion and analysis is report in which Federal Agencies report information concerning their performance goals and performance results along with their future challenges.

ekkarill92 answered 1 year ago

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