When a company does not fully disclose its revenue recognition policy in its Management Discussion and Analysis (“MDA”)...
When a company does not fully disclose its revenue recognition policy in its Management Discussion and Analysis (“MDA”) section of its financial statements it is an example of:
a. Lack of integrity
b. Lack of accuracy
c. Lack of transparency
d. All of the above
e. None of the above
Homework Answers
When a company does not fully disclose its revenue recognition policy in its Management Discussion and Analysis (MDA) section of its financial statements, then such is in lack of Integrity, Accuracy and Transparency.
Therefore, such non disclosure by the company is an example of lack of integrity, accuracy as well as transparency.
Hence, Option d is correct.
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