A Comprehensive Annual Financial Report (CAFR) Includes a Statistical Section

question 79

Essay

A comprehensive annual financial report (CAFR) includes a statistical section. What kinds of information are found in the statistical section? To what use would a reader put the information found in the statistical section? In your opinion, is the statistical section worth the effort put into its preparation?

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Definitions:

Election

The formal process through which individuals cast votes to choose among candidates for political office or to decide on public policy issues.

Independence

The condition of a nation, country, or state which exercises self-government, and sovereignty, free from external control.

Louisiana Purchase

The acquisition by the United States of America of France’s claim to the territory of Louisiana in 1803, which doubled the size of the U.S.

Rocky Mountains

A major mountain range in western North America, stretching from Canada through the United States, known for its stunning landscapes and diverse ecosystems.