t/f Financial reporting-general State in which part of an entity's CAFR (MD&A, fund financial...
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Financial reporting-general State in which part of an entity's CAFR (MD&A, fund financial statements, notes to the financial statements, required supplementary information, combining statements and schedules, and the statistical section) you are most likely to find the following information: 1. Description of the government's accounting policies Combining statements and schedules 2. Ten-year trend in General Fund revenues ad expenditures 3. Discussion of why the current year's tax revenues were grater than (or less than) the previous year's tax revenues 4. Comparison of the budgeted revenues and expenditures for the General Fund with the actual revenues and expenditures on the budgetary basis of accounting 5. Details of the year's expenditures for each nonmajor fund 6. Rationale for including component units as part of the reporting entity 7. Current year's revenues, expenditures, and changes in fund balance for the General Fund Please answer all parts of the
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