3. Which statement best describes the Management Discussion and Analysis (the "MD&A") purpose: The MD&A is a narrative disclosure that reviews the results of operations and financial condition from the perspective of management, including known trends and commitments The MD&A is a narrative disclosure that only reviews the results of operations from a business segment basis The MD&A is a narrative disclosure that only reviews the results of operations for non-recurring revenue and expense items. SEC Form 10-K refers to what filing: The proxy filing requirement. The quarterly filing requirement. The annual filing requirement. The general fund of a state government would be accounted for under which basis of accounting? Modified accrual accounting under the GASB guidelines O Accrual accounting under the GASB guidelines O Cash basis under the GASB guidelines 4. 5