Which of the Following Financial Statements Is Not Required by OMB

question 57

Multiple Choice

Which of the following financial statements is not required by OMB Circular A-136?

• A) Statement of budgetary resources.
• B) Statement of cash flows.
• C) Balance sheet.
• D) Statement of changes in net position.

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Definitions:

East Asian Culture

encompasses the customs, traditions, and social values of countries in East Asia, including China, Japan, Korea, and others, often emphasizing harmony, respect, and community.

Confucian Ideals

Ethical teachings and philosophies based on the teachings of Confucius, emphasizing virtues such as respect, sincerity, and filial piety.

Right Relationships

Relationships characterized by appropriate and ethical interactions between individuals or entities.

Cardinal Disposition

A dominant personality trait that defines an individual's major characteristics or behaviors.