The GASB Statement No

question 34

Multiple Choice

The GASB Statement No.34 reporting model includes, but is not limited to which of the following reports?

• A)​Government-wide financial statements
• B)​a management discussion and analysis section
• C)​funds based financial statements
• D)​all of the above

---

Definitions:

Functional Management

The management of specific areas of responsibility within an organization, such as HR, finance, or sales.

Timely and Relevant Feedback

Timely and Relevant Feedback is feedback that is provided soon after the event, situation, or performance it relates to, and is directly related to the tasks or goals at hand.

Goal-setting Model

A strategy or framework for establishing goals that are specific, measurable, attainable, relevant, and time-bound (SMART), aimed at increasing motivation and improving outcomes.

Personal Mentoring

A developmental relationship where a more experienced or knowledgeable individual provides guidance and support to a less experienced or knowledgeable person.