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Which of the Following Is True Regarding the Comprehensive Annual

Question 127

Multiple Choice

Which of the following is true regarding the Comprehensive Annual Financial Report (CAFR) ?


A) The CAFR has three main sections: introductory, financial, and statistical.
B) Required Supplementary Information includes a Budgetary Comparison Schedule for the General Fund and all major special revenue funds that have a legally adopted annual budget (unless a statement is prepared) .
C) Both of the above.
D) Neither of the above.

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