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Problem 5: Information covered by the auditor's opinion Which of the following disclosures in a CAFR is covered by the auditor's opinion? Answer Yes or
Problem 5: Information covered by the auditor's opinion
Which of the following disclosures in a CAFR is covered by the auditor's opinion? Answer Yes or No for each lettered item.
A.Letter of transmittal.
B.Business-type activities.
C.Notes to the financial statements.
D.Major funds.
E.Governmental activities.
F.Management's discussion and analysis.
G.Revenue and debt capacities.
H.Nonmajor governmental and enterprise funds.
I.Discretely presented component unit(s).
J.Budgetary comparison schedule for the general fund.
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