Some governments provide to their citizens highly condensed financial information,budget summaries,and narrative descriptions.This report is called a

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A popular report is a condensed, user-friendly version of a government's financial report that is intended to provide citizens with an overview of the government's financial activities. It typically includes budget summaries, narrative descriptions, and other simplified financial information. A comprehensive annual financial report (A), basic financial statements (B), and required supplementary information (C) are more detailed financial reports that are prepared primarily for external users, such as investors, creditors, and regulatory agencies.

Some Governments Provide to Their Citizens Highly Condensed Financial Information,budget