Financial reports for state and local governments are well suited for all the following EXCEPT?
A) Assessing financial condition and results of operations
B) Measuring the effectiveness of government services such as police and fire protection
C) Comparing actual results with the legally adopted budget
D) Assisting in determining compliance with finance-related laws and regulations

Question

Quizplus · Accepted Answer

Financial reports for state and local governments are not specifically designed to measure the effectiveness of government services like police and fire protection, which require performance metrics beyond financial data.

Financial Reports for State and Local Governments Are Well Suited