Which of the Following Is Not One of the Methods

question 59

Multiple Choice

Which of the following is not one of the methods recommended by the GASB Concepts Statement 3 for communicating information to external users of government financial reports?

• A) Providing a popular report.
• B) Recognition in the financial statements.
• C) Presentation as required supplementary information.
• D) Disclosure in the notes to the financial statements.

---

Definitions:

Erroneous Information

Information that is incorrect, misleading, or based on errors.

Salesperson

An individual who sells products or services, often directly to customers, playing a key role in business revenue generation and customer interaction.

Denial

A defense mechanism where an individual refuses to accept reality or facts, often to avoid discomfort.

Readiness to Buy

The stage at which a potential customer is prepared or inclined to make a purchase, influenced by various factors including awareness, interest, and financial capability.