Which of the following is not an objective of financial reporting by state and local governments?
A. To assist users in assessing the adequacy of systems and controls.
B. To assist users in assessing financial condition and results of operations.
C. To assist financial report users in comparing actual financial results with the legally adopted budget.
D. To assist in determining compliance with finance-related laws, rules, and regulations
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is not an objective of financial reporting by state and local governments? A. To assist users in assessing the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Nine african american students volunteered to enroll in little rocks first integrated school. what was their first day like
Answers (1)
Gracie, inc. made a prepaid rent payment of $2,800 on january 1. the company's monthly rent is $700. the amount of prepaid rent that would appear on the january 31 balance sheet after adjustment is
Answers (1)
The Dells Cargo bank was rocked by scandal with the discovery of one million phony accounts created by employees to hit sales targets and receive bonus.
Answers (1)
Which option for drinking water uses the fewest resources from the environment if it used many times?
Answers (1)
Darryl makes 70,000 a year as a software engineer. Darryl rents an apartment and has an emergency savings fund for 10 months of living expenses. Darryl got a tip from a friend and invested $10,000 in a new candy company. He has no other investments.
Answers (1)
New Questions in Business
yron Gordon and John Lintner argued that the cost of equity, rs, as the dividend payout is increased because investors are less certain of receiving that should result from retaining earnings than they are of receiving.
Answers (1)
Mandy is a ceo who displays little commitment to the organization's mission and staff. according to blake and mouton, mandy has what type of management style
Answers (1)
What type of credit is used to lease a building?
Answers (1)
Suppose you transfer $1,000 from your checking account to your savings account. how does this action affect the m1 and m2 money supplies?
Answers (1)
An author just signed a lucrative contract with a publisher that offers to pay her the amount of $600 at the end of year 9 when the book is scheduled to be released.
Answers (1)