C is an interesting choice, but I think B is the way to go. The quarterly reports give you the play-by-play, and the annual report is the highlight reel.
D seems reasonable too. Accounting estimates can change, so the quarterly and annual reports might not line up perfectly. Keeping track of all those numbers must be a headache!
I agree. It's important to understand the differences in detail between the two types of reports to get a full picture of the company's financial health.
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