Which of the following statements is regarding the required disclosure of budgetary information?

Question

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Budgetary comparisons may be presented as a statement or as required supplementary information (RSI). While budgetary disclosures must be included in the notes to the financial statements, they can also be presented as a separate statement or as required supplementary information (RSI) if required. There is no specific format for presenting the budgetary comparison statement, and the reconciliation must focus on both the operating statement and the statement of position.

Which of the Following Statements Is Regarding the Required Disclosure