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The analyst would most likely understand that the change in the balance sheet account for property,...

The analyst would most likely understand that the change in the balance sheet account for property, plant, and equipment does not reconcile with the account change included in the statement of cash flows because of a write-off due to impairments which the analyst discovered when examining the:

Multiple Choice

  • capital stock account.

  • investments account.

  • notes to the financial statements.

  • balance sheet.

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Answer #1

Solution:

The analyst would most likely understand that the change in the balance sheet account for property, plant, and equipment does not reconcile with the account change included in the statement of cash flows because of a write-off due to impairments which the analyst discovered when examining the "notes to the financial statements".

Because Impairment information available in the notes to the financial statements.

Hence third option is correct.

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