Choice "A" is correct. The summary of significant accounting policies is typically the first note provided
after the financial statements and will include components such as: measurement bases, accounting
principles and methods, criteria, and policies such as basis of consolidation, depreciation methods,
revenue recognition, etc.
Choice "B" is incorrect. Concentration of credit risk relating to financial instruments will be described in a
specific note related to financial instruments.
Choice "C" is incorrect. Plant asset composition will be described in a specific note related to property,
plant, and equipment.
Choice "D" is incorrect. Pension plan assets and vested benefits will be described in a specific note
related to pensions.