Which of the Following Is True Regarding the Budget-Actual Comparison

Multiple Choice

Which of the following is true regarding the Budget-Actual Comparison Schedule?

A) A Budget-Actual Comparison Schedule is required for the General Fund and all major special revenue funds that have a legally adopted annual budget.
B) A Budget-Actual Comparison Statement may be prepared in lieu of the Schedule.
C) Both of the above.
D) Neither of the above.