In Management's Discussion and Analysis (MD&A), What Is the Basic

Multiple Choice

In Management's Discussion and Analysis (MD&A) , what is the basic purpose of analyzing the government's overall financial position and results of operations?

A) To help users assess the government's financial position and results in relation to other governments
B) To review the government's financial position and results over the past 10 years
C) To help users assess whether and why the government's financial position improved or deteriorated as a result of the year's operations
D) To help users understand how the government's component units influenced its financial position