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.
A) 1 and 2.
B) 2 and 3.
C) 1 and 3.
D) 3 only.
E) 1, 2, and 3.

Question

Quizplus · Accepted Answer

The financial section of the CAFR includes Management's Discussion and Analysis (MD&A), Required Supplementary Information, and Basic Financial Statements and notes to financial statements.

Which of the Following Is a Section of the Financial