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Which of the following statements is true regarding the budget vs. actual comparison disclosure? A. The budget-to-actual comparison schedule is included in the footnotes to
Which of the following statements is true regarding the budget vs. actual comparison disclosure?
A. The budget-to-actual comparison schedule is included in the footnotes to the CAFR
B. The budget-to-actual comparison schedule is included in the required supplementary information section of the CAFR
C. The budget-to-actual comparison schedule is included in the basic financial statements section of the CAFR
D. Municipalities are encouraged but not required to present a comparison schedule of budget-to-actual amounts
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