Which of the Following Statements Is False

question 79

Multiple Choice

Which of the following statements is false?

• A) A comprehensive annual financial report CAFR is the government's official annual report prepared and published as a matter of public record.
• B) A CAFR is not required for entities with only a general fund.
• C) The CAFR contains introductory material, an auditor's report, certain RSI, schedules necessary to demonstrate legal compliance, and statistical tables.
• D) Governments have two levels of financial statement reporting. The first is the fund-basis financial statements and the second is the government-wide statements.

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Definitions:

Forcing Function

A forcing function is an external function or action applied to a system that drives its response, often used in differential equations to model external influences.

PLC

A Programmable Logic Controller is a ruggedized digital computer used for the automation of various electromechanical processes, such as control of machinery on factory assembly lines.

Programming Device

A tool or equipment used to program the firmware or software of electronic devices, often used in manufacturing, development, or maintenance.

Unions

Organizations formed by workers to represent their interests, negotiate with employers over wages, benefits, and working conditions, and advocate for workers' rights.