Which of the Following Kinds of Information Would Not Be

question 11

Multiple Choice

Which of the following kinds of information would not be provided by Management's discussion and analysis (MD&A) ?

• A)A narrative explanation of the contents of the CAFR.
• B)A description of the government's financial condition.
• C)A forecast of revenues and expenditures for the next three fiscal years.
• D)A discussion of economic factors and the budget and tax rates approved for the next year.

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Definitions:

Feelings

Internal subjective experiences of emotions, often described as personal emotional states.

Thoughts

Thoughts refer to the mental processes that involve forming ideas, judgements, and images within the mind.

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often concerned with what is good for individuals and society.