The notes to financial statements should not be used to [A] present disclosures required by generally accepted accounting principles B] describe the accounting policies adopted by an enterprise [C] correct an improper financial statement presentation [D] describe the basis for resolving uncertainties in the financial statements [E] none of the choices

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter1: Comprehensive Cases
Section1.2: Lehman Brothers Holdings, Inc.
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The notes to financial statements should not be used to

[A] present disclosures required by generally accepted
accounting principles

B] describe the accounting policies adopted by an enterprise

[C] correct an improper financial
statement presentation

[D] describe the basis for resolving uncertainties in the financial statements [E] none of the
choices

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