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.

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Definitions:

Table View

A method of displaying data in rows and columns, similar to a spreadsheet.

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The process of making a copy of database content to protect against data loss.

Close and Back Up

The process of closing a software program and simultaneously creating a backup copy of the data to prevent loss.

Back Up Current

The action of creating a copy of existing data or system settings to prevent loss in case of system failure or data corruption.