In Regards to the Primary Market for Municipal Obligations, Which

In regards to the primary market for municipal obligations, which of the below statements is FALSE?

A) Depending on how that the debt is marketed, the municipal unit prepares an official statement describing its financial situation and the terms of the issue.
B) Most states mandate that general obligation issues be marketed through competitive bidding, but generally this is not necessary for revenue bonds.
C) Usually, state and local governments require a competitive sale to be announced in a recognized financial publication, such as The Bond Buyer, which is a trade publication for the municipal bond industry.
D) The Bond Buyer provides information on upcoming competitive sales and most negotiated sales, as well as the results of previous weeks.