Which of the following resources is most useful for finding detailed information about a particular company?

• A. Industry-wide economic reports
• B. General accounting textbooks
• C. The company's annual report (Form 10-K)
• D. Government tax code publications

Answer: (C)

Verified step by step guidance

1. Understand the purpose of the question: It is asking for the most useful resource to find detailed information about a specific company.
2. Review the options provided: Industry-wide economic reports, general accounting textbooks, the company's annual report (Form 10-K), and government tax code publications.
3. Analyze each option: Industry-wide economic reports provide broad economic trends, not specific company details. General accounting textbooks focus on accounting principles, not company-specific data. Government tax code publications explain tax laws, not company-specific information.
4. Focus on the company's annual report (Form 10-K): This document is filed with the SEC and contains detailed financial statements, management discussion, and analysis, as well as other company-specific information.
5. Conclude that the company's annual report (Form 10-K) is the most useful resource for finding detailed information about a particular company, as it is specifically designed to provide comprehensive insights into the company's financial and operational performance.