Multiple Choice
Which of the following is a section of the general purpose external financial statements of a state or local government?
(1) Management's discussion and analysis (MD&A) .
(2) Required supplementary information (other than MD&A) .
(3) Basic financial statements and notes to financial statements.
A) 1 and 2.
B) 2 and 3.
C) 1 and 3.
D) 3 only.
E) 1, 2, and 3.
Correct Answer:

Verified
Correct Answer:
Verified
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