Examlex
GASB requires which of the following if applicable to be included in the Notes to
Financial Statements?
Direct Transfers
The movement of funds or assets from one party directly to another without intermediaries.
Net Savers
Individuals or entities that save more money than they spend, contributing to their financial assets over time.
Net Users
Individuals or entities that use the internet to access information, communicate, or conduct activities online.
Audit Trail
A record that traces the detailed financial transactions of an entity to its original source for verification purposes.
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