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Asked by Britney Hicks on May 13, 2024

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Early in 2015,a plant manager at one of ABC Corporation's 19 manufacturing facilities suffered a fatal heart attack.This information would normally be disclosed by ABC in notes to its 2014 financial statements.

Plant Manager

An individual responsible for overseeing the daily operations of a manufacturing facility, ensuring efficiency, productivity, and safety.

Manufacturing Facilities

Refers to the physical locations where products are produced or assembled, equipped with machinery and technology for manufacturing.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.

  • Discern how fluctuations in balance sheet accounts impact cash flows and how they are documented in the cash flow statement.
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Verified Answer

CD
Camryn Davis

May 14, 2024

Final Answer :
False
Explanation :
The plant manager's heart attack occurred in 2015, which is after the 2014 financial statements. Therefore, this information would not be disclosed in the notes to the 2014 financial statements.

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