For basic financial statements of a general purpose local government to be presented fairly in all material respects, the basic financial statements must include an opinion unit for:

Question

Quizplus · Accepted Answer

The opinion unit for the basic financial statements of a general purpose local government must include an opinion on the governmental activities presented in the government-wide financial statements, as these statements provide information about the overall financial position and results of operations of the government as a whole. The other options (B, C, and D) are not required to be reported separately as their own opinion units.

For Basic Financial Statements of a General Purpose Local Government