Which of the Following Is a Section of the General

question 42

Multiple Choice

Which of the following is a section of the general purpose external financial statements of a state or local government?
(1) Management's discussion and analysis (MD&A) .
(2) Required supplementary information (other than MD&A) .
(3) Basic financial statements and notes to financial statements.

• A) 1 and 2.
• B) 2 and 3.
• C) 1 and 3.
• D) 3 only.
• E) 1, 2, and 3.

---

Definitions:

Ascites

The accumulation of fluid in the peritoneal cavity, causing abdominal swelling.

Serous Fluid

A clear, pale yellow fluid that fills the space between the membranes lining the body cavities and surrounding internal organs.

Peritoneal Cavity

The potential space within the abdomen that contains the intestines, liver, and other abdominal organs, enclosed by the peritoneum.

Intussusception

A medical condition where part of the intestine folds into another section of the intestine, leading to blockage.