_____ Regarding external financial reporting for governmental units, "Required Supplementary Information" (RSI) would not include

Question

_____	Regarding external financial reporting for governmental units, "Required Supplementary Information" (RSI) would not include

Quizplus · Accepted Answer

Combining financial statements are not considered Required Supplementary Information (RSI); instead, they are part of the basic financial statements or additional supplementary information. RSI typically includes items like management's discussion and analysis (MD&A) and budgetary comparison statements, but not the detailed combining statements.

_____ Regarding External Financial Reporting for Governmental Units, "Required Supplementary Information