Which of the Following Is Incorrect? a Government Can Be

Multiple Choice

Which of the following is incorrect? A government can be considered to be a user of the general purpose financial statements because

A) it is the basis for the calculation of taxes owed to the government.
B) it can determine whether certain regulations have been complied with.
C) to gain a better understanding of the entity's activities.
D) governments need to assess the entity so that they can provide the entity with grants that will benefit society.