1-6. "GASB financial reporting standards assist users in assessing the operational accountability of a government's business-type activities and the fiscal accountability of its governmental activities." Do you agree or disagree with this statement? Why or why not? 1-7. Why do governmental fund financial statements use a different basis of accounting and measurement focus than the Governmental Activities column of the government-wide financial statements? Also, which basis of account- ing and which measurement focus applies to each? 1-8. How does the modified accrual basis of accounting differ from the accrual basis? 1-9. What are the three sections of a comprehensive annual financial report (CAFR)? What information is contained in each section? How do the minimum requirements for general purpose external financial reporting relate in scope to the CAFR? 1-10. Why does the GASB encourage state and local governments to report service efforts and accomplishments information in addition to a CAFR