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Locate SFFAS 24, Selected Standards for the Consolidated Financial Report of the United States Government. a. Read, then summarize the discussion in par. 8. b.

Locate SFFAS 24, Selected Standards for the Consolidated Financial Report of the United States Government. a. Read, then summarize the discussion in par. 8. b. Using SFFAS 24's Basis for Conclusions, describe one reason why the FASAB decided not to require budgetary information (as required by SFFAS 7) to be reported in the CFR (consolidated financial report of the U.S. govemment)

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