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What Constitutes the Basic Financial Statements of a Government

Question 55

Multiple Choice

What constitutes the basic financial statements of a government?


A) Financial section of the comprehensive annual financial report (CAFR) .
B) Government-wide financial statements plus notes.
C) Government-wide financial statements plus fund financial statements plus notes.
D) Government-wide financial statements plus fund financial statements plus notes plus required supplementary information (RSI) .

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