The Comprehensive Annual Financial Report (CAFR) of a Government Should

question 36

Multiple Choice

The comprehensive annual financial report (CAFR) of a government should contain a statement of revenues, expenses, and changes in fund net position for:

• A) Both proprietary and governmental funds.
• B) Proprietary but not governmental funds.
• C) Governmental but not proprietary funds.
• D) Proprietary and fiduciary funds.

---

Definitions:

Requests For Adjustment

Inquiries or demands made by customers or clients seeking correction of a mistake, refund, or compensation.

Accommodation

The process by which the eye changes optical power to maintain a clear image (focus) on an object as its distance varies.

Visual Acuity

The clarity or sharpness of vision, which is quantitatively measured by the ability to identify letters or numbers at a defined distance.

Astigmatism

A common imperfection in the eye's curvature causing distorted or blurred vision.