List and Describe the Three Major Sections of the Comprehensive

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The Answer is The three major sections are introductory, financial and statistical. The introductory section includes a letter of transmittal, organization chart, and list of principal officials. The financial section includes the auditor's report, MD&A, the basic financial statements including the footnotes, other RSI, combining statements for non-major funds not reported separately in the basic financial statements, and schedules. The statistical section includes certain statistical tables indicating financial trends, revenue and debt capacity, demographic and economic information and operating information. Data is generally presented for the past 10 years.
Explanation: The three major sections are introductory, financial and statistical. The introductory section includes a letter of transmittal, organization chart, and list of principal officials. The financial section includes the auditor's report, MD&A, the basic financial statements including the footnotes, other RSI, combining statements for non-major funds not reported separately in the basic financial statements, and schedules. The statistical section includes certain statistical tables indicating financial trends, revenue and debt capacity, demographic and economic information and operating information. Data is generally presented for the past 10 years.

List and Describe the Three Major Sections of the Comprehensive

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List and Describe the Three Major Sections of the Comprehensive

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Correct Answer:
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