Problem

What constitutes the basic financial statements of a government?A. Financial section of th...

What constitutes the basic financial statements of a government?

A. Financial section of the comprehensive annual financial report (CAFR).

B. Government-wide financial statements plus notes.

C. Government-wide financial statements plus fund financial statements plus notes.

D. Government-wide financial statements plus fund financial statements plus notes plus required supplementary information (RSI).

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