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Which of the following is a section of the financial section of the comprehensive annual financial report (CAFR) of a state or local government? (1)

Which of the following is a section of the financial section of the comprehensive annual financial report (CAFR) of a state or local government?

(1) Management's discussion and analysis (MD&A).

(2) Required supplementary information (other than MD&A).

(3) Basic financial statements and notes to financial statements.

Multiple Choice

  • 1 and 2.

  • 2 and 3.

  • 1 and 3.

  • 1, 2, and 3.

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