AICPA每日一练之FAR【2016-1-28】

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When in its financial statements should a company disclose information about its concentration of credit risk?

A. No disclosure is required.

B. Supplementary information to the financial statements.

C. Management’s report to shareholders.

D. The notes to the financial statements.

Answer:D

D is corrent. The requirement is to identify where in its financial statements a company should disclose information about its concentration of credit risks. D is corrent because concentration of credit risks should be disclosed in the notes to the financial statements.

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