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Footnote Information That Duplicates Information in Financial Statements Included in the CAFR

Question 18

Multiple Choice

Footnote information that duplicates information in financial statements included in the CAFR


A) May be eliminated.
B) May be eliminated if the government does not issue its basic financial statements separately.
C) May be eliminated if the government does issue its basic financial statements.
D) Is common and must be presented despite the duplication.

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