Which of the Following Statements Relating to the Requirements for Financial

Multiple Choice

Which of the following statements relating to the requirements for financial reporting is not true?

A) General purpose financial statements are a columnar overview of the financial position and operating results of all funds
B) General purpose financial statements provide the minimum financial reporting necessary for fair representation of government activity
C) General purpose financial statements are part of the financial section of a comprehensive annual financial report
D) General purpose financial statements are part of required supplementary information