Which of the Following Statements Is False

question 17

Multiple Choice

Which of the following statements is false?

• A) Governments that do not prepare a CAFR are not required to prepare a Management's Discussion and Analysis.
• B) The Governmental Accounting Standards Board has established requirements for the statistical section of a CAFR.
• C) Governments have some latitude in selecting major funds to be reported in the CAFR.
• D) Governments are allowed to have additional information in their statistical section that is not required information.

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Definitions:

Systolic Reading

The higher number in a blood pressure measurement, indicating the pressure in the arteries when the heart beats.

Diastolic Reading

The lower value in a blood pressure measurement, representing the pressure in the arteries when the heart rests between beats.

Dizzy Spells

Temporary episodes of dizziness or lightheadedness that can result from a variety of causes, including dehydration, blood pressure fluctuations, or inner ear problems.

Capillary Refill Time

The time taken for color to return to an external capillary bed after pressure is applied, used as a quick test to assess circulatory status.