Footnote Information That Duplicates Information in Financial Statements Included in the CAFR

question 37

Multiple Choice

Footnote information that duplicates information in financial statements included in the CAFR

• A) May be eliminated.
• B) May be eliminated if the government does not issue its basic financial statements separately.
• C) May be eliminated if the government does issue its basic financial statements.
• D) Is common and must be presented despite the duplication.

---

Definitions:

Gun

A weapon incorporating a metal tube from which bullets, shells, or other missiles are propelled by explosive force.

Subtle Method

A technique or approach that is delicately complex and not immediately obvious or overt.

Property Crime

Crimes that involve the taking of property without force or threat of force against the victim.

Massive Drop

A significant, sudden decrease in numbers or quantity, often used to describe declines in financial markets, population, or levels of something.