Discuss-sections of comprehensive annual financial report


Response to the following problem:

With regard to the Comprehensive Annual Financial Report (CAFR):

a. What are the three major sections?

b. List the government-wide statements. Indicate the measurement focus and basis of accounting used for the government-wide statements.

c. List the governmental fund statements. Indicate the measurement focus and basis of accounting used for the governmental fund statements.

d. List the proprietary fund statements. Indicate the measurement focus and basis of accounting used for the proprietary fund statements.

e. List the fiduciary fund statements. Describe the measurement focus and basis of accounting used for the fiduciary fund statements.

f. Outline the reports and schedules to be reported as required supplementary information.

 

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Financial Accounting: Discuss-sections of comprehensive annual financial report
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