With Respect to Budgetary Reporting by Governments, Which of the Following

Multiple Choice

With respect to budgetary reporting by governments, which of the following is not true?

A) While GASB standards guide the format of the comparison, it does not require governments to maintain budgetary accounts.
B) The basis of accounting used to report the "Actual" column in the budgetary comparison schedule is prepared according to legal requirements for budget preparation; even if it is a departure from GASB standards.
C) Budgetary accounts are required to appear in the general purpose financial statements.
D) GASB standards require governments to present a comparison of budgeted and actual results for the General Fund and special revenue funds with legally adopted budgets.