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

Question

Quizplus · Accepted Answer

One difficulty governments have in meeting the information needs of citizens is that traditional financial statements are not designed to evaluate the government's effectiveness in delivering services.

Financial Reports for State and Local Governments Are Well Suited