Financial condition analysis is conducted for many reasons including:
A) By credit agencies to provide an objective assessment of the creditworthiness of state and local debt obligations.
B) By credit enhancers to assess the creditworthiness of debt obligations to decide whether to insure the payments of a government's debt service.
C) By state and oversight agencies to gather financial information from local governments in the state as part of their fiscal oversight responsibilities.
D) All of the above.
Correct Answer:
Verified
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