为啥不是C啊

问题如下：

Question Where might an analyst look for details covering the full extent of a company’s capital resources?

选项：

A.Balance sheet B.Management discussion and analysis (MD&A) C.Notes to the financial statements

解释：

Solution

B is correct. In addition to the disclosures in the notes to the financial statements, the management discussion and analysis (MD&A) section commonly provides other information about a company’s capital resources, including debt financing and off-balance-sheet financing and schedules summarizing a company’s contractual obligations and other commitments in total and over the next five years.

A is incorrect because while the balance sheet can include a section summarizing non-current (long-term) liabilities, this usually includes just a single line item listing the total amount of a company’s long-term debt due after one year with no information about a company’s capital resources, including debt financing and off-balance-sheet financing.

C is incorrect because, while the notes to the financial statements provide details about a company’s debt financing, it is the MD&A section that commonly provides information about its off-balance-sheet financing.