Which of the following statements is true in regards to RPG $1$ 'Reporting on the long$-$term sustainability of an entity's finances'?

Please select the right answer.

Provides mandatory requirements for an entity to report on the long$-$term sustainability of a public sector entity's finances.

Entities that elect to apply RPG $1$ are required to also comply with RPG $2$ and $3$ in order to state IPSAS compliance. revenue and debt.