Prior-Year Data May Be Presented but Are Not Required on Government-Wide

question 98

True/False

Prior-year data may be presented but are not required on government-wide statements

---

Definitions:

Independent Research

The process of investigating a topic, problem, or question without direct supervision or influence, relying on one's initiative and resources to find answers or solutions.

Past Sales Figures

Historical data reflecting the quantity of products or services sold in previous periods, often used for trend analysis and forecasting.

Testimonials

Statements or endorsements by satisfied customers praising the value of a product or service, used as a marketing tool.

Sales Presentation

A pitch or demonstration aimed at marketing a product or service to potential buyers or clients, highlighting its benefits and value.