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When Secret Information Is Shared or Communicated for a Special

question 17

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When secret information is shared or communicated for a special purpose and the person receiving the information knows it is not to be made known, it loses the protection it had while secret.


Definitions:

Government-wide Financial Statements

Financial statements that present the financial position and the changes in financial position of all governmental activities, business-type activities, and aggregated discretely presented component units of the government.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Government-wide Financial Statements

Comprehensive reports that present the financial position and the results of operations of all the activities of a government, including both governmental and business-type activities.

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