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Financial Reports for State and Local Governments Are Well Suited

Question 3

Multiple Choice

Financial reports for state and local governments are well suited for all the following EXCEPT?


A) Assessing financial condition and results of operations.
B) Comparing actual results with the legally adopted budget.
C) Measuring the effectiveness of government services such as police and fire protection.
D) Assisting in determining compliance with finance-related laws and regulations.

Correct Answer:

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