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Required financial statements of funds may include the following, among others:
I. Statement of net assets
II. Statement of revenues, expenditures, and changes in fund balances
III. Balance sheet
IV. Statement of cash flows
The financial statements that should be issued by governmental funds and by proprietary funds include the following:
Vague Messages
Communications that are unclear, ambiguous, or lack specific detail, making them difficult to understand or interpret.
Interrupt
To stop a process or activity temporarily or permanently by causing a disruption or intervention.
Divergent Thinking
A thought process or method used to generate creative ideas by exploring many possible solutions, emphasizing spontaneity and variety in thought.
Clarification Responses
Communications that aim to clear up misunderstandings or provide additional information to ensure comprehension.
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